Edition:
India

Ange Aboa

Chocolate makers face ethical branding dilemma

15 Oct 2019

ABIDJAN/LONDON Ivory Coast and Ghana's threat to possibly halt the cocoa industry's ethical branding schemes poses a major risk to chocolate makers operating in Western markets where consumer demand for sustainably sourced products is rising.

Ivory Coast, Ghana strike first cocoa deals with living income premium

13 Sep 2019

LONDON/ABIDJAN, Sept 13 Ivory Coast and Ghana have agreed initial deals to sell cocoa with a living income premium of $400 a tonne added to the price, in a bid to reform the way global cocoa is priced, industry sources and a government source told Reuters.

RPT-Ivory Coast, Ghana looking to regulate cocoa industry's sustainability schemes - sources

11 Sep 2019

* Costs would come on top of new 'living income' cocoa premium

Ivory Coast, Ghana looking to regulate cocoa industry's sustainability schemes - sources

10 Sep 2019

ABIDJAN/LONDON Ivory Coast and Ghana will meet major chocolate makers and grinders in Abidjan on Wednesday to make plans to regulate the industry's efforts to source cocoa sustainably, multiple trade and government sources told Reuters.

EU backs cocoa price rise to make production more sustainable

10 Sep 2019

ABIDJAN Higher prices are needed to ensure cocoa production becomes more sustainable, a senior European Union official said on Tuesday, backing plans by top growers Ivory Coast and Ghana to levy a "living income differential" on sales.

EU backs cocoa price rise to make production more sustainable

10 Sep 2019

ABIDJAN, Sept 10 Higher prices are needed to ensure cocoa production becomes more sustainable, a senior European Union official said on Tuesday, backing plans by top growers Ivory Coast and Ghana to levy a "living income differential" on sales.

CORRECTED-UPDATE 1-Ivory Coast, Ghana add 'living income' cocoa premium to fight poverty

11 Jul 2019

ABIDJAN/LONDON, July 10 Top global cocoa producers Ivory Coast and Ghana have imposed a fixed "living income differential" of $400 a tonne on all cocoa contracts sold by either country for the 2020/21 season, an official letter seen by Reuters shows.

Industry doubts remain over Ivory Coast, Ghana cocoa floor price

04 Jul 2019

ABIDJAN/JOHANNESBURG Ivory Coast and Ghana - the world's leading cocoa producers - failed on Wednesday to come to an agreement with the chocolate industry over how to introduce a new floor price for their exports.

UPDATE 1-Industry doubts remain over I.Coast, Ghana cocoa floor price

04 Jul 2019

* Cocoa and chocolate companies do not agree with details (Updates with outcome of meetings)

Chocolate maker Mars backs Ivory Coast, Ghana cocoa floor price

03 Jul 2019

ABIDJAN/JOHANNESBURG U.S. food maker Mars Inc. supports a decision by Ivory Coast and Ghana to set a floor price for their cocoa exports, a senior executive told Reuters on Wednesday, becoming one of the first major chocolate companies to back the initiative.

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