ACCRA, Sept 28- Ghana's economic growth slowed to 2.5 percent in the second quarter compared with a year earlier, provisional official data showed on Wednesday, due mainly to a temporary halt in oil production. Ghana saw sustained GDP growth of above 8 percent until 2013, helped by exports of gold, cocoa and oil, but then slumped because of lower global commodity...
*London cocoa hits three-month low. NEW YORK/ LONDON, Sept 9- Cocoa prices plunged to their lowest in several months on Friday on news that top producer Ivory Coast may cancel and resell 200,000 to 250,000 tonnes of exports, which would prompt exporters to hedge, weighing on futures prices. The equivalent New York contract lost $123, or 4.3 percent, to settle at $2,762...
Tulane University's Elke De Buhr says there are still a number of children working in cocoa production despite the fair trade cocoa movement.
The chocolate industry grew 13 percent in the past five years, but it could see some supply-related headwinds ahead. CNBC's Uptin Saiidi reports.
*Weak sterling lifts London cocoa prices. NEW YORK/ LONDON, July 6- London cocoa futures rallied for the fourth straight session on Wednesday, touching its highest level in nearly four decades, as the British sterling fell to a new 31- year low on lingering fears about the country's vote to leave the European Union. Dealers said the jump in London cocoa futures was...
LONDON, June 21- Arabica coffee and raw sugar futures on ICE fell back on Tuesday from a rally to multi-month highs, while London cocoa eased in reaction to a stronger sterling currency. September arabica futures were down 2.15 cent, or 1.5 percent, at $1.3915 per lb at 1210 GMT, and were within sight of a 13- month high of $1.4685 touched on June 9.
NEW YORK/ LONDON, June 20- London cocoa futures fell on Monday, despite tightening supplies linked to declining production in top grower Ivory Coast as sterling surged against the dollar, while the firm British currency lifted bean prices in New York. London September cocoa settled down 21 pounds, or 0.9 percent, at 2,247 pounds per tonne, as the British sterling...
ABIDJAN, April 29- Small Ivory Coast cocoa exporters have defaulted on delivering tens of thousands of tonnes of beans, blaming a poor quality crop and the Coffee and Cocoa Council's decision to ban exports of small beans, sources said on Friday. At least 48,000 tonnes of cocoa beans have not be delivered, said a source at the Coffee and Cocoa Council, posing another...
Chocolate lovers, brace yourselves this Easter. The cost of the confectionery has jumped over the past year and may rise more. The Financial Times reports.
The Easter Bunny tends to put a bounce in chocolate sales, but the industry is under threat from changing consumption patterns and difficulties with cocoa farming.
Jon Cox, head of Swiss equities at Kepler Cheuvreux, weighs in on Lindt’s latest earnings report, and why he remains cautious on the food and drinks sector overall.
Tracey Massey, Mars Chocolate North America president, discusses the company's strategy, the M&M's brand, and the state of the confectionery industry amid the "war on sugar."
Commodities have been crashing this year but there's one in particular that has hit the sweet spot.
Andreas Jacobs, chairman of Barry Callebaut, tells CNBC's Christine Tan how he is continuing the legacy of his father, German-born entrepreneur Klaus Jacobs.
China's chocolate sales will grow to $4.3 billion by 2019, up nearly 60 percent from 2014, driven by a growing urban population, a Hershey official said.
Dennis Melka, CEO of United Cacao Limited, discusses the company's ambitions to become the "largest cacao supplier" in the world.
Prices of chocolate have soared nearly 20 percent over the last 18 months. CNBC's Sara Eisen explains why some say talks of a potential cocoa shortage are exaggerated.
Mohamed Elsarky, CEO of Godiva, discusses the impact of Ebola on cocoa producing nations and the factors behind cocoa's recent price increase.
Tedd George, head of agriculture research at Ecobank, says the spread of Ebola across West Africa could hit production and threaten a large amount of the world's cocoa production.
The World Cocoa Foundation is set to announce a fundraising initiative to help combat Ebola in West Africa.