Cocoa and Coffee Prices Soar in 2024 In 2024, cocoa and coffee prices surged, leading to higher costs for chocolate and coffee consumers. Discover the impact on your favorite treats.
Cocoa Prices Skyrocket 175% in 2024 Amid Supply Concerns Explore the 2024 commodity market shifts: Cocoa prices soared 175% due to supply fears, while coffee surged 65%, and soybeans saw a 23% decline. Discover market dynamics now!
Cocoa Prices Triple Amid Supply Deficits; Oil Drops on Oversupply Cocoa prices soared nearly 300% in 2024 due to supply deficits. In contrast, crude oil prices declined, impacted by oversupply and China's economic challenges.
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.