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ICE Notice: Delayed open time for Coffee “C” contract on August 28, 2017

NEW YORK, U.S. – Due to a London bank holiday on Monday, August 28, 2017, ICE Futures U.S. will delay the start of trading in Sugar No. 11, Coffee “C” and Cocoa futures and options contracts until 7:30 am NY time on that day. This change to the start of trading time does not affect pre-open times ...

Swiss government assists Ghana to increase cocoa production, add value

ACCRA, Ghana – Ghana and Switzerland have signed a memorandum of understanding (MoU) aimed at increasing cocoa production and adding value to raw cocoa beans. The two countries have also agreed to increase their volume of trade in the areas of gold and cocoa from Ghana and chemicals, pharmaceuticals and other products from Switzerland.

Cocoa and chocolate are not just treats – they are good for your cognition

L'AQUILA, Italy – A balanced diet is chocolate in both hands - a phrase commonly used to justify ones chocolate snacking behavior. A phrase now shown to actually harbor some truth, as the cocoa bean is a rich source of flavanols: a class of natural compounds that has neuroprotective effects.

Chocolate may improve cognitive function within hours, says review

MILAN – Need an excuse to raid that chocolate stash? A new review may provide just that. Researchers have found that cocoa flavanols could boost cognitive function within just a few hours of consumption. Additionally, researchers found that regular, long-term intake of cocoa flavanols may protect against cognitive decline.

How coffee, chocolate and tea overturned a millennia-old medical mindset

WASHINGTON, DC, U.S. – When Italian botanist Prospero Alpini traveled to Egypt in 1580, he discovered a world of unusual plants—strangely shaped bananas, bright red opium poppies, chunky baobab trees. After returning to Europe three years later, Alpini publicized his findings in two volumes, De Plantis Aegypti and Da Medicina Aegyptiorum.

Chocolate could get more expensive due to unrest in Cote d’Ivoire

ABIDJAN, Cote d’Ivoire – The price of cocoa extended its biggest weekly rise in five years as a revolt unravels in Cote d’Ivoire, which produces almost half of the world’s cocoa beans. The African country’s army has failed to reach a deal with mutinous soldiers who are demanding delayed bonus payments.

ICCO Cocoa Market Review: Futures prices continue their downward trend

ABIDJAN – The current review of the cocoa market situation reports on price movements on the international markets during the month of April 2017. Chart I illustrates price movements on the London (ICE Futures Europe) and New York (ICE Futures US) markets in April. Chart II shows the evolution of the ICCO daily price, quoted in ...

Barcelona, Spain-based Nederland S.A. joins World Cocoa Foundation

BARCELONA, Spain – The World Cocoa Foundation is pleased to welcome Barcelona, Spain-based Nederland S.A. as their newest member In joining WCF, Mario Snellenberg, the company’s commercial director said, “With our cocoa and chocolate heritage spreading over more than 80 years and now well into the third generation of ...

Report from the World Bank sees balanced Arabica market, Robusta deficit

MILAN – Coffee, tea and cocoa prices could fall by more than six per cent this year due to greater supply, according to the latest Commodity Markets Outlook from the World Bank. Agricultural raw materials production is expected to rise by four per cent. The report is also forecasting higher prices for industrial commodities, principally energy ...

Brexit: UK and EU coffee companies face “more costly” trade, warns study

LONDON – Food companies on both sides of the English Channel are set to feel the brunt of "more costly" trade once the UK leaves the EU, even if a "customs union" is negotiated, according to a new report. Research from the Netherlands-based financial services company Rabobank - released yesterday (29 March) as UK Prime Minister ...

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