Impact of Doubling Cocoa and Sugar Prices on Chocolate Makers
Wednesday, 27 March 2024, 08:00
Overview:
The recent surge in cocoa and sugar prices is posing a double challenge for chocolate makers in 2024.
Key Points:
- Cocoa Prices: Doubled in the first 2.5 months of 2024
- Trend: Cocoa prices rallied by over 300% in less than two years
- Impact: Financial strain and rising production costs for chocolate makers
Read more to see my thoughts.
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.