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Cocoa Foundation of the Philippines (CocoaPhil) is a non-profit, umbrella organization which represents the interests of the local cocoa industry. [15] Their aim is to increase the number of hectares growing cocoa with the goal of achieving the Philippines Cacao Roadmap made by the Department of Agriculture and the Department of Trade and ...
In recent years, the price of cocoa had hovered at around $2,500 per metric ton. But reports of a weaker-than-expected crop set off concerns about supply, sparking the commodity’s run-up in ...
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The natural phenomenon is turbocharging climate change impacts on cocoa and other staple food commodities like rice, bananas and tea, a report says. Cocoa prices soar ahead of Easter as ‘impact ...
Lindt & Sprüngli, a purveyor of high-end chocolates, told CNN in an email that “the price hike in cocoa will require further price increases in 2024 and 2025, assuming that cocoa prices remain ...
The economy of the Province of Cebu is the 2nd largest in the Philippines according to the Philippine Statistics Authority. [ 4 ] [ 5 ] In 2021, the Cebuano's combined economy peaked at P869.9 billion, making it the 2nd largest in the nation next to Laguna P922.3.
The Carbon Market is the largest market in Cebu City, Philippines. [1] It is the oldest market in the Central Visayas region. [2] As the largest market in the city, various wares are sold in Carbon, including dry goods such as clothing, kitchenware, and handicrafts, as well as wet goods, such as fruits, vegetables, and meat, among other goods, sold by approximately 6,000 vendors in the market.
Climate issues in West Africa – home to more than 60% of global cocoa production – are damaging crop yields, constraining cocoa supply and causing prices to soar. Cocoa futures have ...