Slight climb in cocoa prices as chocolate production slows - FoodNavigator-USA.com

Cocoa prices rallied in the week ending 24 June, after the Cote d’Ivoire government reported that cocoa farmers sent a cumulative 2.24 MMT of cocoa to its ports from 1 October 1 to 19 June, down -1.8% y/y.

The week ended with NY cocoa falling to an 11-month low and London cocoa falling to a 1-1/2 month low, on concern that rising inflation will curb chocolate demand, barchart.com reported. The Interna… [+1401 chars]

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