African cocoa plants run out of beans as global chocolate crisis deepens 

Human Interest

Reuters exclusively reported that major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, meaning chocolate prices around the world are likely to soar. 

Market Impact

Chocolate-makers have already increased prices to consumers, after three years of poor cocoa harvests, with a fourth expected, in the two countries that produce nearly 60% of the world’s cocoa.

Article Tags

Topics of Interest: Human Interest

Type: Reuters Best

Sectors: Commodities & Energy

Regions: Africa

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

Source link

Next Post

Brighton Women 1-4 Manchester City Women: Visitors cruise to 10th straight WSL win

Leave a Reply

Your email address will not be published. Required fields are marked *