Published 1 month ago

Cocoa is more expensive than copper as it tops $9,000

Cocoa futures have surged to record highs approaching $9,000 per metric ton due to production challenges in key regions like the Ivory Coast and Ghana.
Rising prices of chocolate products, driven by supply disruptions and strong demand, are causing concern among consumers as Easter approaches.
Severe El Niño-induced dry weather conditions have led to a significant cut in cocoa supply, impacting companies like Hershey's and Mondelez.

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CTV News

Cocoa shortage raising the cost of Easter treats this year

With Easter just around the corner, Canadians are feeling the pinch as the cost of traditional holiday treats, particularly chocolate, continues to climb.

1 month ago·Canada

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CBC News

Chocolate prices have tripled. What does that mean for your Easter egg basket?

Cocoa prices have tripled in the last 12 months due to the spread of disease among crops in West Africa, where more than 70 per cent of the global cocoa supply is produced. The resulting cocoa crisis has put pressure on chocolate makers who, during the typically busy Easter holiday, are trying to sustain business — and sweet-toothed customers who are trying to curb spending.

1 month ago·Canada

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Global News

The high price of chocolate: Severe shortage drives up cost of confections

Weather and disease damaging crop yields and underpaid farmers leaving the industry has caused supply issues, driving up the price of cocoa beans to record highs ahead of Easter.

1 month ago·Toronto, Canada

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CNBC

Cocoa prices rise to fresh record, nears $9,000 per metric ton

Cocoa prices have soared to record heights as weather conditions worsen in the Ivory Coast.

1 month ago·United States

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Metro News

Your Easter eggs could be more expensive than ever this year - this is why

Easter chocolate this year may make you dip into your nest egg (Picture: Getty) This year’s Easter holidays could be a lot more expensive as the price of cocoa has soared more than 50% in one month. One tonne of cocoa is now worth more than £7,100 as farmers battle poor harvest, crop disease and drought. The price of the key ingredient in chocolate has now doubled since early 2024, forcing major sweets companies to look for other options during …

1 month ago·London, United Kingdom

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TASS [🇷🇺-affiliated]

Cocoa beans prices record high — radio station

Experts believe that the price pace is kept by reports on huge losses of the cocoa bean harvest with two leading global producers - the Ivory Coast and Ghana

1 month ago·Moscow, Russian Federation

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