Advertisement

Chart of the week: the West’s sweet tooth

Cocoa prices have jumped by around 25% since March, and there is scope for further gains.

659-COTW-b

Western consumers appear to be especially keen on chocolate this year, with cocoa processing rising by an annual 12% in America in the second quarter.

A disappointing harvest in west Africa, which accounts for two-thirds of supply, is another reason the market is likely to fall into deficit this year after a surplus of 87,000 tonnes in 2012.

Advertisement
Advertisement

Recommended

Visit/investments/commodities/soft-commodities/601353/we-will-douse-the-flames-of-the-last-war-with-water
Soft commodities

Invest in water and provide a buffer against future pandemics

Global water shortages have long hampered growth and development, and climate change has exacerbated the problem. Will the coronavirus pandemic be a t…
22 May 2020

Most Popular

Visit/investments/commodities/gold/601444/these-seven-charts-show-exactly-why-you-must-own-gold-today
Gold

These seven charts show exactly why you must own gold today

Covid-19 is accelerating many trends that were already in existence. The rising gold price is one such trend. These seven charts, says Dominic Frisby,…
3 Jun 2020
Visit/investments/stockmarkets/601460/disease-rioting-and-mass-unemployment-so-why-are-markets-soaring
Stockmarkets

Disease, rioting and mass unemployment – so why are markets soaring?

Despite some pretty strong headwinds in the last year, America’s S&P 500 stock index is close to all-time highs. John Stepek explains why markets seem…
4 Jun 2020
Visit/investments/commodities/601433/commodities-possibly-the-biggest-opportunity-in-todays-markets
Commodities

This looks like the biggest opportunity in today’s markets

With low interest rates and constant money-printing, most assets have become expensive. But one major asset class hasn’t. John Stepek explains why com…
2 Jun 2020