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2011/04/15

Cacoa Prices

Yes its time for the almighty long economic post about chocolate prices!

Ivory Coast is one of the biggest producers of chocolate in the world!
The civil war
But it seems that after the political unrest in Ivory coast had brought up prices for a bit! Everybody was very worried about the upcomming chocolate prices, especially the last couple of months, there was a huge rise in prices for cacoa beans!

That would mean, that EVERYTHING made out of chocolate, would become more expensive which would be bad... very bad to my wallet!
Mercenary's/Soldiers


Well thats not the worst of this story, because there was a civil war in the Ivory Coast, which was mainly on killing civilians, hiring mercenaries and basically was an all-out war.... About the same as Lybia now has, but this one had a lot less media attention.
Outtara had put a ban on cacao export, so that gbagbo could no longer receive income from the chocolate sector, because of the drop of cacao supplies, the prices went up.
Former President Laurent Gbagbo

But now he has been captured
Wikipedia:
On 11 April, Ouattara's forces stormed Gbagbo's residence and arrested him. The final assault was assisted by French forces using helicopters and armoured vehicles, although the actual capture was made by Ouattara's troops. Gbagbo, his wife, son and about 50 members of his entourage were captured unharmed and were taken to the Golf Hotel, Ouattara's headquarters, where they were placed under United Nations guard.


A soldier guarding POW's



President Outtara
Well thats that, and now that Outtara's in control, and Gbagbo has been moved out of the way, the export of cacao can continue, and hopefully the prices will drop again!


Here are the daily prices of cacao from the International Cacao Organisation ICCO
http://www.icco.org/statistics/daily_prices.aspx


Well I had a very busy week, and I hope 
(= Don't forget to vote ''good post'' or ''bad post'' Chocolate for everybody!!-Chocotaster
Chocolate, presented by elexerdelex posted on 6:59:00 PM

45 comments:

  1. Stef PelgrimsApril 15, 2011 at 7:11 PM

    lets hope prices drop (same for oil)

    ReplyDelete
  2. rinnsApril 15, 2011 at 7:20 PM

    Is it racist to think they look like chocolate men?
    >.>

    ReplyDelete
  3. AnonymousApril 15, 2011 at 8:02 PM

    I would give up buying shoes to keep myself stocked with chocolate ;)

    ReplyDelete
  4. AnonymousApril 15, 2011 at 8:12 PM

    Offtopic: you misunderstood my blog, it is not intended as a "nostradamus we're all going to die in 2012", that is just a platform for posting art related to it. I don't believe in such misinformed crap.

    Good blog, btw :P

    ReplyDelete
  5. LifeHacksApril 15, 2011 at 8:19 PM

    of course it's like this because of our need for it!

    ReplyDelete
  6. elexerdelexApril 15, 2011 at 8:39 PM

    @rinns
    Hahahaha xD Maybe a tad racist...
    But this is a chocolate blog, and chocolate men have been in here before, so everybody understands if you mix them up :P

    ReplyDelete
  7. MalkavianApril 15, 2011 at 9:10 PM

    LOL@rinns

    ReplyDelete
  8. Body1April 15, 2011 at 9:33 PM

    FUN!!

    ReplyDelete
  9. CandleintheDarkApril 15, 2011 at 11:48 PM

    Yeah it has been a pretty crazy story. There is also an interesting back story involving America's religious right and support of Gbagbo who refused to leave

    ReplyDelete
  10. Biff TannerApril 15, 2011 at 11:53 PM

    NO that's not good.

    ReplyDelete
  11. edApril 15, 2011 at 11:54 PM

    wtf rinns stole my comment

    ReplyDelete
  12. i April 16, 2011 at 1:07 AM

    Note to self: buy more chocolate.
    PS - I'm working on posting chocolate eclairs that I made! Very tasty, look out for it!

    ReplyDelete
  13. notforeverybodyApril 16, 2011 at 1:14 AM

    guess i'd better stock up!

    ReplyDelete
  14. UnknownApril 16, 2011 at 1:24 AM

    eh
    bad news

    ReplyDelete
  15. ZombieApril 16, 2011 at 1:58 AM

    I could make a racist joke about Africa being the biggest producers of chocolate in the world, but I ain't gunna... So instead, let me just say. Make Chocolate not war!

    ReplyDelete
  16. JayApril 16, 2011 at 2:41 AM

    wow, didn't know of the unrest over there. hope everything will turn out okay for the people.

    ReplyDelete
  17. BTN Hip HopApril 16, 2011 at 2:58 AM

    im going to go nuts if i dont get my coco fix

    ReplyDelete
  18. GraftedApril 16, 2011 at 5:09 AM

    I hope the prices drop

    ReplyDelete
  19. Aaron M. GipsonApril 16, 2011 at 5:13 AM

    We grow it down here in Costa Rica, but unfortunately they don't export it. If you go to the cloud forest near Arenal, there are dozens of little mom-and-pop chocolate factories where they give tours of the growing setups.

    ReplyDelete
  20. UnknownApril 16, 2011 at 6:14 AM

    i'm sad about the cocoa prices. i didn't make it on the chocolate cold turkey

    i am on a liquid diet for 2-4 weeks ugh ... that means sucking on chocolate and chocolate coconut 'ice cream'

    :) gotta keep my calories up lol!

    ReplyDelete
  21. Thought ComicsApril 16, 2011 at 6:26 AM

    It's de boers all over again...

    ReplyDelete
  22. 123April 16, 2011 at 9:44 AM

    YES, FREEDOM TO THE CHOCOLATE ONCE MORE

    ReplyDelete
  23. Karolina , Krystyna , Klara ♥April 16, 2011 at 10:41 AM

    zeer mooie post;))
    sturen kusjes .. ; *
    Ik groet en wens u een fijne zaterdag; *

    ReplyDelete
  24. EldirApril 16, 2011 at 12:26 PM

    We must fight for the freedom of chocolate! :D

    ReplyDelete
  25. PotholderzApril 16, 2011 at 12:59 PM

    That's a market i would never have even thought about being affected by a civil war. Sucks.

    ReplyDelete
  26. RobertApril 16, 2011 at 1:06 PM

    That sucks, wouldnt want my chocolate bar to be more expensive:( Instead of 10 I can only buy 8:(

    ReplyDelete
  27. duffboiApril 16, 2011 at 3:56 PM

    I would never have known about this had it not been for you. Thanks for educating me about behind the scenes of chocolate.

    ReplyDelete
  28. AnonymousApril 16, 2011 at 4:09 PM

    Well it looks like since the guy's been captured, itll be a happy ending for people and chocolate!
    Please check out my blog too!

    ReplyDelete
  29. JayPowerApril 16, 2011 at 6:30 PM

    i voted good post, very interesting read! ;D

    ReplyDelete
  30. Major MackApril 16, 2011 at 8:03 PM

    Those mercenaries look like they're having the best time of their lives

    ReplyDelete
  31. GApril 17, 2011 at 2:47 AM

    it's crazy to think that is all wrapped up in the chocolate business....it made me think

    ReplyDelete
  32. AnonymousApril 17, 2011 at 3:05 AM

    let's hope they get back to normal quickly

    ReplyDelete
  33. MuteMath FanApril 17, 2011 at 5:06 AM

    It's crazy that the chocolate process is so serious and life-threatening!

    ReplyDelete
  34. chronometerApril 17, 2011 at 10:07 AM

    Cocoa beans business is what making certain african countries well... alive.

    ReplyDelete
  35. WinkApril 17, 2011 at 11:11 AM

    I saw this on the news the other day. Red Cross people were burying corpses but the army commanded to just let them lie on the street 0_0'

    It's a rough situation out there...

    ReplyDelete
  36. SOMSApril 17, 2011 at 5:08 PM

    nice info, thanks

    ReplyDelete
  37. AlphabetaApril 18, 2011 at 3:03 PM

    This is not good.
    And I prefer the high percentage end of dark chocolate too. : I

    ReplyDelete
  38. AnonymousApril 18, 2011 at 6:24 PM

    This comment has been removed by a blog administrator.

    ReplyDelete
  39. SlamcakesApril 18, 2011 at 7:31 PM

    But, I want to be able to afford my chocolate!

    ReplyDelete
  40. PaigeApril 18, 2011 at 7:38 PM

    if they take chocolate from my ill cray!

    ReplyDelete
  41. MRanthropeApril 19, 2011 at 8:41 AM

    the crazy story of Chocolate continues...

    ReplyDelete
  42. Ray RousellApril 19, 2011 at 2:52 PM

    No easter eggs for anyone then!

    ReplyDelete
  43. Yorkie LoveApril 20, 2011 at 12:19 AM

    Keep chocolate cheap!! I like dark chocolate, so this does not bode well...

    Following and supporting!

    Yorkie Love

    ReplyDelete
  44. AdminApril 20, 2011 at 5:32 AM

    Too long without a post!

    ReplyDelete
  45. M. von RohmyApril 28, 2011 at 4:31 AM

    Very interesting/ informative post!
    I always love to visit your blog :)
    R.

    ReplyDelete

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