Cocoa Prices Skyrocket 225% to $8,100/Tonne
Quick Look Cocoa prices surged to a record high of $8,100 per tonne, a 225% gain from the previous year. Global demand for cacao, particularly during the holiday season, has strengthened significantly, contributing to the trend in cocoa prices. Cocoa prices jumped over 25% in a week in the first quarter of 2024, setting a …