
Daybreak Weekend: U.S Inflation Data, Europe Chocolate Prices, BYD Preview
Bloomberg Daybreak: Europe Edition
00:00
Cocoa Price Soars Impacting Chocolate Industry
The chapter delves into the repercussions of surging cocoa prices on the chocolate industry, specifically in Europe and the UK during the Easter period. It explores the challenges faced by chocolate manufacturers due to escalating costs, potential consumer price hikes, and the strain on the global cocoa supply. Insights on cocoa market dynamics, influenced by weather conditions and sustainability regulations, are discussed, predicting a shift in chocolate production and pricing.
Transcript
Play full episode