Cocoa Shortage 2024 Game

Cocoa Shortage 2024 Game. Most recently, prices have soared amid concerns that major cocoa plants in cote d’ivoire and ghana can no longer afford to buy beans. Despite hopes for a better crop in the 2024/25 season, cocoa prices look set to remain high in the medium term, hovering around the $6,000/tonne mark once a balanced.


Cocoa Shortage 2024 Game

Cocoa prices have nearly doubled in 2024, reaching $8,324 per ton, due to unfavorable weather, smuggling, and disease in key producing regions. Now, for the third year in a row, there are not enough cocoa beans to meet global demand.

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