Citi Enhances Cocoa Price Forecast Amid Supply Concerns
Friday, 5 April 2024, 15:24
Citi Enhances Cocoa Price Outlook
Citi has revised its cocoa price outlook upwards due to a troubling decline in the supply situation.
Supply Situation Concerns
The supply situation for cocoa is deteriorating, posing challenges for the chocolate industry.
Implications for Market
- Increased pricing volatility
- Risks for cocoa producers and chocolate manufacturers
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.