Latest News:

Megyn Kelly left Fox News in part due to O’Reilly: report -

Saturday, April 15, 2017

North Korea warns against U.S. ‘hysteria’ as it marks founder’s birth -

Friday, April 14, 2017

British spies were first to spot Trump team’s links with Russia -

Thursday, April 13, 2017

China warns against force as North Korea prepares celebration -

Thursday, April 13, 2017

U.S. drops ‘mother of all bombs’ on Islamic State in Afghanistan -

Thursday, April 13, 2017

Boris Johnson calls off Moscow visit over Syria -

Saturday, April 8, 2017

Los Angeles Clippers vs Utah Jazz,Atlanta Hawks vs Portland Blazers -

Tuesday, February 14, 2017

Trump national security aide Flynn resigns over Russian contacts -

Monday, February 13, 2017

Israel bars Peru’s fugitive ex-leader Alejandro Toledo -

Sunday, February 12, 2017

Germany president: Steinmeier chosen by lawmakers -

Sunday, February 12, 2017

Trump’s army secretary nominee Vincent Viola withdraws as candidate -

Saturday, February 4, 2017

State Dept reverses revocation of 60K visas -

Saturday, February 4, 2017

DHS suspends ‘any and all actions’ on Trump travel ban -

Saturday, February 4, 2017

Trump immigration curbs cause worldwide chaos, panic, anger -

Saturday, January 28, 2017

Serena Williams beats Venus Williams to set Grand Slam record -

Saturday, January 28, 2017

Threat of investigations hangs over Clinton and Trump -

Saturday, November 5, 2016

Brazil vs South Africa,Mexico vs Germany,Portugal vs Argentina -

Thursday, August 4, 2016

Pennsylvania poll: Clinton up by 9 points -

Thursday, July 28, 2016

US partners with Costa Rica to protect Central American refugees -

Tuesday, July 26, 2016

Sanders seeks unity at Democratic national convention after chair resigns -

Monday, July 25, 2016

Ebola epidemic to trigger shortage of chocolate

Pravda

Ebola epidemic may affect world’s supplies of cocoa, thus causing the shortage of the raw material on the market.

Such manufacturers of confectionery products as Mars, Nestle and Mondelez International have already expressed concerns on the issue, the Vedomosti newspaper reports.

Cote d’Ivoire, which accounts for 40 percent of world production of cocoa beans, borders on  Guinea and Liberia, where the deadly infection is raging. Nestle, Mars and Hershey have their plantations in Cote d’Ivoire. Another country in West African – Ghana – grows 20 percent of cocoa beans. In total, the cocoa producers in West Africa that found themselves in the center of Ebola epidemic account for 70 percent of world production of cocoa beans.

Farmers grow cocoa beans on tiny plots of land and sell them to dealers, who visit their farms themselves and then sell the harvest for export. Restrictions on movement and quarantine will thus isolate millions of farmers and block supplies of cocoa beans to world’s largest chocolate makers.

Three-month futures for cocoa beans on the New York ICE rose sharply in the second half of September, having reached the maximum in 3.5 years on September 24 – $ 3,371 / ton of cocoa beans. The harvest season, which began on October 1, pushed the prices down a bit –  they fell by 7 percent to $3,134 per ton.

Russia is one of the world’s largest importers of cocoa. Last year, the cocoa crop made up 3.9 million tons, of which Russia imported 188,000 tons of cocoa beans and cocoa products. According to ICCO, Russia is among 20 largest consumers of cocoa beans.

Source: Pravda

Comments are closed.

Yahoo! Status Checker by Techya