Cocoa Shortage 2024 Feestdagen

Cocoa Shortage 2024 Feestdagen. Demand will exceed production by 462,000 metric tons, the international cocoa organization said in its third estimate for the current year that started in october. Cocoa futures reached a fresh record in new york as the market grapples with renewed supply concerns, increasing the chances that the high costs already plaguing chocolatiers and consumers will.

While there may be the expectation that these issues may improve as we head into the new cocoa season, over 2024/2025, and beyond, it’s unlikely. Cocoa prices have been on the rise since the beginning of last year.