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Cocoa Crisis: Chocolate Prices Soar as Global Harvests Falter
Chocolate aficionados, get ready: your indulgence is turning into a luxury. Cocoa prices have soared to record highs, hitting a record $12,646 per metric ton in December 2024. The reason for the increase is mainly attributed to subpar harvests in West Africa, which supplies 70% of the world's...
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