Cocoa Prices Triple to $11,000 Per Tonne: Small Food Manufacturers Struggle with Rising Costs

Cocoa Prices Triple to ,000 Per Tonne: Small Food Manufacturers Struggle with Rising Costs

Over the past year, the price of cocoa has more than tripled, significantly impacting both consumers and small food manufacturers. These companies, which rely heavily on cocoa to produce chocolate, are grappling with unprecedented challenges due to soaring costs. Historically, the cost of a metric tonne of cocoa hovered around $2,500. However, in April, cocoa … Read more