Global Chocolate

Not only is chocolate delicious, but it also has health benefits, especially for the heart. It is believed to help treat sore throat, improve memory, and assist the brain fight ageing

Most chocolates contain 50% sugar and only 30% cocoa, thus the impact on chocolates will not be as steep as in the prices of cocoa

Chocolate -as well as ice cream, cakes and milk shakes - is starting to displace traditional treats among the middle classes

The governments of Ivory Coast and Ghana have accused Hershey of maneuvering to circumvent premiums tacked on to the price of cocoa futures in order to raise incomes for hard-pressed cocoa farmers

This season, global cocoa processing will probably rise by more than 3 per cent, Manley said, adding that the forecast is conservative