Harsh weather in West Africa pushes Cocoa prices higher amid supply concerns
Cocoa prices experienced a significant increase over the past week due to weather concerns in West Africa.Â
Tag: Cocoa
Nigeria bets on Cocoa as futures settle at $9,187 per ton
Cocoa settled at $9,187 per ton at the New York Commodity Exchange as Africa's most populous country, Nigeria, seeks to ...
Planet A Foods gets $30 million to make chocolate that isn’t cocoa, reveals materialsÂ
Planet A Foods, a German-based food-tech company, has successfully raised $30 million in Series B funding to enhance the production ...
Cocoa hits record $11,839 per ton, amid pricing challenge for Chocolate makers, consumersÂ
Cocoa futures surged to a new record in New York, driven by growing supply concerns that could deepen the financial ...
Cocoa futures soar 80% as heavy rains disrupt harvest in world’s top producerÂ
Cocoa futures have surged by over 80% year-to-date, with more than a 10% rise since October, as adverse climate conditions ...
Cocoa futures surge 37% on Monday as World’s second-largest producer boosts salesÂ
Cocoa futures surged by a notable 37% in the international markets on Monday, September 9, 2024, rising from 7,163 points ...
FG targets 500,000 metric tonnes in cocoa production next yearÂ
The Federal Government announced on Tuesday its plans to increase cocoa production to 500,000 metric tonnes by 2025, up from ...
S&P Global ranks Ivory Coast number one on Credit Ratings in Sub Saharan AfricaÂ
Ivory Coast has been ranked by the Standards and Poor (S&P) global ratings as the highest rated sovereign in Sub ...
Flood to disrupt Nigeria’s cocoa export as price rises above $10,100 – Report
These areas are responsible for 94% of the Nigeria’s production of cocoa, a key ingredient in chocolate.
Nigeria to earn $3 billion from cocoa as prices stay higher than $10,100 per ton
Cocoa futures recovered above the $10,150 mark on the Intercontinental Exchange (ICE) in New York as it consolidated below this ...
