Cocoa Association of Asia

It’s Time To Load Up On Chocolates Before Cocoa Rebounds

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Chocolate addicts, it’s probably a good time to start stocking up. The treats may not be this cheap much longer. Cocoa’s 42 per cent slump over the last 12 months makes it the worst performer among 34 commodities tracked by Bloomberg. Prices tumbled as output increased in Cote d’Ivoire, the world’s top grower, and the … Read more

Cocoa Smuggling To Côte d’Ivoire On The Rise As Ghana’s Cedi Falls Rapidly

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The over 41% dip in the value of Ghana’s currency, the cedi, this year has caused many Ghanaian cocoa farmers to smuggle their beans to Ivory Coast where they can get 58% more in dollar terms for their cocoa beans according to report released by the pan-African bank, Ecobank. The drop in the cedi, Ghana’s … Read more