Why Chocolate Is Still Expensive Despite Falling Cocoa Prices
Global cocoa prices are starting to ease from historic highs, falling 34% over the past year to trade at $5,327 per metric ton, according to market data. Despite the relief in the underlying commodity—which surged to nearly $12,000 per metric ton at the end of 2024 from its typical $2,000 to $3,000 historical range—major chocolate … Read more