The cost per ton of cocoa beans in the stock market exceeded 5 thousand dollars for the first time since 1977. This is due to change data ICE Futures.
It is stated that the historical maximum cost of cocoa beans was reached in July 1977. Then one ton of products costs 5.4 thousand dollars. The stock market also reported that the cocoa bean shortage will continue in 2024.
Before reportedIt was stated that a shortage of chocolate is expected in Russia this year due to the increasing prices and difficulties in supply of cocoa beans, the main raw material. According to him, last year the prices of cocoa butter and cocoa liquor increased by 100-150% compared to the estimated 50%. Even at these prices, manufacturers are experiencing serious supply shortages.
Latyshev noted that many suppliers are not selling existing raw materials in the hope of further price increases. Therefore, a shortage arose that caused quality chocolate to disappear from the shelves. Manufacturers will have to replace it with other products that do not contain cocoa beans.
According to the expert, against this background, the implementation of previously signed contracts may fail, which has never happened before, and supply obligations may not be fulfilled. Retail chains do not allow product prices to increase in proportion to the increase in raw material prices. This is not profitable for manufacturers, so Latyshev believes that some medium-sized enterprises may abandon the production of most of their products in the near future.
Previously recognizedThose who benefit from a lack of fiber in their diet.