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Cocoa market volatility is here to stay, analysts warn
Original: The future of cocoa: Why volatility’s here to stay
Cocoa prices are expected to remain highly volatile, with industry analysts warning that the era of stable cocoa markets may be over. Extreme weather, disease and aging trees in West Africa, which supplies most of the world's cocoa, have tightened supplies, while demand keeps growing. Food makers and chocolate producers face sustained cost pressure as the sector adapts to a more turbulent future.
Why now: Cocoa prices have surged and swung sharply due to supply shortages linked to climate and crop problems in West Africa.
cocoa industryWest Africachocolate manufacturers
Evidence
- The future of cocoa: Why volatility’s here to stay · FoodNavigator.com
API: https://socialmediatrends-api.osmike.com/v1/trends/1230494