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Cocoa Prices Reached Record Highs in April 2024 📈 In a striking turn of events, the cocoa market has seen an unprecedented surge, with prices soaring by an astonishing 190% in 2024, reaching a record $12,261 per tonne in April. But what's driving this meteoric rise, and how does it affect the chocolate supply chain? Here's what investors need to know: 1️⃣ Supply vs. Demand: Climate issues and diseases in West Africa, a major cocoa hub, are straining supplies as global demand rises. 2️⃣ Market Volatility: Trading and speculation have spiked cocoa price volatility, underscoring its market sensitivity. 3️⃣ Farmers & Profits: Despite higher market prices, farmers often see limited gains due to middlemen and restrictive policies. 4️⃣ Industry Impact: Rising costs pressure chocolate processors and retailers, who struggle to pass on costs without losing customers. 🔍 For professional investors, understanding these dynamics is crucial. The current cocoa price trend presents both opportunities and risks within the global chocolate market. For more information on the Cocoa topic, check out our article 'Chocolate Crisis? Cocoa Prices Reached Record Highs in April 2024' https://lnkd.in/ePwjJfKs #PortfolioManagement #InvestmentStrategy #FinancialPlanning #invest #trade #cocoa #marketmovers #chocolate

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