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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 | 663Read More...The 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...
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Goldman Sachs Plays Down Ebola Concerns, Says Cocoa At Greatest Risk
Thursday, November 6, 2014 - 3:01pm | 455Read More...A team of analysts at Goldman Sachs published a report this week examining the potential economic and market implications in the event of an Ebola outbreak. "We find that the economic costs of pandemics can be severe, but that the hit to growth is usually mostly limited to the region where...
