EU to restrict palm-oil-derived biodiesel

A new EU law would limit the use of biodiesel derived from certain feedstocks to current volumes through 2023 but then zero out their use by 2030. Palm oil is one of the affected feedstocks because of its link to deforestation. Reuters reports that [...]

Muted quarterly growth for cocoa bean grind in Europe, Asia, & North America

ECA reported cocoa grind for Q4 2018 at 359,103 MT, up 1.6 percent from grind in Q4 2017, marking the eighth straight quarter of YOY growth. From 2015 through 2018, in fact, only three quarters showed YOY declines: Q1 2015, Q1 2016, and Q4 [...]

Indonesia’s share of the global cinnamon market is falling

In 2017, global cinnamon production totaled nearly 224,150 metric tons, up 7 percent from five years earlier as demand continues to grow. The U.S. and India, the world’s top two destinations, are expressing robust demand for the spice. Indonesia has managed to hold on [...]

Ivory Coast & Ghana: Nascent cocoa cartel?

As chocolate users know, one key fact makes the cocoa market particularly volatile: Over 70 percent of the world’s cocoa is grown in a single region of the world, West Africa. And with the decline of production in Indonesia, some 60 percent of all [...]