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Tag Archives: Cocoa prices

Chocolate prices continue to rise!

The latest news on the cocoa market is that prices surged to a record high of US$9,733/ tonne late in March 2024 and recently topped US10,051/ tonne as inclement weather decimates yields in major production areas. Consequently, the price of chocolate which is the most popular and the largest byproduct …

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Skyrocketing cocoa prices feared to trigger chocolate shortages worldwide!

‘It’s upsetting considering we haven’t witnessed such a significant decrease in cocoa output in recent years,’ president of Ghana cocoa buyers group tells Anadolu… ACCRA, Ghana… Chocolate lovers around the world may have to brace themselves for a sweet treat shortage as cocoa prices reach unprecedented heights, with economists projecting …

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COCOA HITS HIGHEST PRICE IN 46 YEARS!

Cocoa prices surged to the highest in 46 years on the Intercontinental Exchange in London on Wednesday as bad weather in West Africa threatened production prospects for the main suppliers of the primary raw material used to make chocolate. Cocoa beans The benchmark September contract for cocoa in London gained …

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