Chocolate crisis

Chocolate crisis Cocoa prices are hitting historical highs, and the market has been in deficit for the third year in a row - in 2024, the market is expected to face the largest deficit in history, as global production significantly lags behind demand. The situation is explained as follows: the farmers engaged in cocoa bean production, predominantly from poor countries, have been barely making ends meet for years and couldn’t invest in the development of their business. Now, the demand has significantly increased, but the amount of cocoa in the market has remained the same, which is why prices are rising. No more Kinder Pingui for admin... Follow us on Telegram Источник: Lord Of War