Cocoa Shortage 2024 Presidential

Cocoa Shortage 2024 Presidential. Mondelēz international bosses have cautiously signalled further cocoa pricing stability while at the same time the sweets and snacks giant prepares to push higher prices. Yes, cocoa prices are high now, but only because there’s bean shortage due to poor yields.


Cocoa Shortage 2024 Presidential

Joules analysed how cocoa prices may flow through to chocolate prices overseas, and found that a 100 gram block of chocolate with 70 per cent cocoa content could rise from $4.90 to $6.50. The majority of chocolate is made in just two countries and erratic weather from climate change is decreasing cocoa production.

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