US EditionNo Recovery in Sight: Cocoa Price Continues to Rise
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No Recovery in Sight: Cocoa Price Continues to Rise
Chocolate is becoming more and more expensive. Picture: ShutterstockThe chocolate prices are shooting up mainly due to poor cocoa harvests due to droughts in the most important growing countries of West Africa. The Swiss chocolate farmer Läderach has also turned at the price screw. "The cocoa prices are a big challenge for the whole chocolate industry," says CEO Johannes Läderach compared to the view. The price of one ton of cocoa is currently t…
·Zürich, Switzerland
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