Cocoa Shortage 2024au

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Cocoa Shortage 2024au. The price of cocoa (cc=f) is still trading over 128% compared to a year ago due to increased weather incidents and crop disease which have led to supply. The current report highlights the following insights:.


Cocoa Shortage 2024au

A combination of low rainfall, plant disease and aging trees led to a disappointing crop in ivory coast and ghana in 2023. High cocoa prices are making life difficult for australian chocolate makers, but there are hopes a growing local cocoa industry could make a difference.

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