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The article discusses the severe volatility in cocoa prices over the past three years, its impacts on smallholder farmers, and the efforts of the UK Cocoa Coalition to stabilize the market through the introduction of mandatory due diligence legislation aimed at preventing deforestation and promoting fair pricing and traceability within the cocoa supply chain. #CocoaIndustry #Sustainability #FairTrade #GH #CI #UK
www.reuters.com
Chocolate giants back UK regulation to help small farmers as deforestation rules bite
Industry Insight from Ethical Corporation Magazine, a part of Thomson Reuters.
April 21 - "It's a crazy crop, and a crazy market," says Belinda Borck, public affairs lead at Tony's Chocolonely, reflecting on the rollercoaster ride that cocoa prices have experienced over the last three years.
