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Your Chocolate Cravings May Get Costlier: Cocoa Shortage Sends Prices Skyrocketing To All-Time Highs
Friday, February 9, 2024 - 3:54am | 663The price of cocoa has doubled in the past year, reaching an all-time high and potentially leading to a surge in chocolate prices. What Happened: The cost of cocoa has doubled over the past year, with the most active futures contract reaching $5,600 a metric ton on Thursday, according to Bloomberg...