Karnataka’s only chocolate factory desperate for cocoa beans
1 year, 7 months ago

Karnataka’s only chocolate factory desperate for cocoa beans

The Hindu  

Faced with inadequate supply of cocoa beans from Karnataka and Kerala, the multi-State cooperative — Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd, Mangaluru — has been forced to rely on supply from Andhra Pradesh. The shortage in supply has pushed up the procurement price of cocoa beans in the first harvesting season of 2023-24. CAMPCO president A. Kishor Kumar Kodgi attributed the short supply to farmers removing the inter-crop cocoa plants from arecanut plantations, as arecanut now fetch all-time high prices. Earlier, the cooperative got between 4,000 and 4,500 tonnes of beans in the first harvesting season from Karnataka and Kerala.

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Watch: Impact of cacao price hike on Indian patisseries and craft chocolate makers
5 months, 2 weeks ago

Watch: Impact of cacao price hike on Indian patisseries and craft chocolate makers

The Hindu  

Every year, July 7 is celebrated as World Chocolate day. Factors like El Niño, black pod disease, and aging cacao trees in major producers across Ghana and Ivory Coast, alongside inequitable market practices are the reasons for this steep hike. Importers also face increased cargo prices due to the West Asia crisis and a weakened rupee. Indian craft chocolate makers …

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