A perfect cup of coffee with a chocolate treat in the morning may soon become a luxury, as coffee and cocoa bean prices have reached unprecedented levels this week, raising concerns about the ...
(Bloomberg) -- Cocoa futures climbed above $12,000 a ton in New York, reaching a fresh record amid mounting worries over reduced output in top grower Ivory Coast. The most-active contract rose as ...
US cocoa futures have surpassed the $12,000 per ton mark for the first time on output concerns in Ivory Coast. The global cocoa stocks-to-consumption ratio of 27% was even the lowest in 47 years.
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It’s versatile and can be used in chewy, crunchy and soft treats, and chocolate pairs with everything from salty nuts to sour fruits. Its high cost due to a global cocoa shortage, however, has limited ...