Cocoa Prices Hit Record High in 2024

Cocoa prices skyrocketed in 2024, reaching a high of $12,931 per metric ton in New York. West Africa's supply issues are the main driver for this surge.

A vibrant image showcasing cocoa beans and a rising graph, symbolizing the surge in cocoa prices in
Cocoa Prices Hit Record High in 2024

Cocoa prices nearly tripled in 2024, reaching a record high of $12,931 a metric ton in New York due to lower supply from West Africa.

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