The cocoa market is in the midst of Q2 grind results, and the news from at least two regions is showing little signs of a slowdown. Western Europe was the first region to report results, showing a 2 percent hike in bean grind over [...]
The past year has been tough on everyone, and the confectionery industry has been no exception. Global cocoa grind, a measurement of confectionery demand, contracted nearly 3 percent in 2020, with many traditional routes to market such as impulse purchases and food service disrupted [...]
Halfway through October, Q3 grind results are hitting the cocoa market. To an extent, we are seeing a continuation of the previous quarter’s trend that saw rapid expansion of processing across Asia and a slowdown for Western Europe and America. Preceding the regional reports, [...]
In response to global concern about the loss of tropical rainforests, Malaysia has promised to limit its palm plantations to a total of 6 million hectares. Malaysia will also work to certify all domestic production as sustainable by the end of 2019. Now that [...]
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 [...]
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 [...]
A global glut of palm oil should be hindering price appreciation, but that hasn’t been the case recently. Prices are up considerably, but if bearish fundamentals prevail, the rise may be short-lived. Malaysian palm oil stocks were at a record 3.007 MMT at the [...]
Malaysian palm oil production and stocks keep rising while demand remains under pressure. These dynamics have pushed palm oil pricing lower over the last few weeks. October stocks—at 2.7 MMT—are well above the month prior (up by 8 percent) and last year (an increase [...]
