Cocoa Prices Increase To Highest Point Since 2011

June 25, 2014

Cocoa prices rose to their highest point since 2011, increasing above $3,400 per ton earlier in June, according to Quartz. A rise in dark chocolate consumption is one reason for the growing prices, according to the source. In addition, poor weather on the Ivory Coast and the elimination of a fertilizer subsidy in Ghana have decreased outputs. Full article.

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