
Daybreak Weekend: U.S Inflation Data, Europe Chocolate Prices, BYD Preview
Bloomberg Daybreak: Asia Edition
00:00
Crisis in the Cocoa Market
The chapter delves into the impact of soaring cocoa prices on the chocolate industry in Europe, particularly in the UK, due to challenges in West Africa's harvest season. It discusses the potential increase in chocolate prices for consumers as a result of the rising costs. The chapter also explores the structural deficit in the cocoa market, sustainability regulations affecting supplies, and the projections for higher chocolate prices in supermarkets.
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