BFM Podcast

High Prices Causing Bitterness To The Cocoa Industry

Tan KW
Publish date: Fri, 01 Dec 2023, 02:39 PM
High Prices Causing Bitterness To The Cocoa Industry

01-Dec-23 07:30

Diana Gomes, Senior Equity Analyst, Bloomberg Intelligence

Recent price movements of cocoa caused concern among chocolate connoisseurs. The commodity price soared to the highest in 46 years as bad weather and high fertiliser prices affected crop production. How will this further impact the industry? Diana Gomes, Senior Equity Analyst covering consumer goods for Bloomberg Intelligence shares with us her insights on what is affecting this popular commodity.

Image credit: Reuters

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