Confectionery firms try to sugar coat price rises

Confectionery firms try to sugar coat price rises

The climate is also having an impact on cocoa crops, according to Ms Gomes. “Cocoa has passed the psychological barrier of $3,000 a tonne, and that is being driven by weather concerns, as well as the fact that the Ivory Coast and Ghana, two of the major cocoa-producing countries, have been struggling with very expensive fertilisers.”

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