In an interview with socialbites.ca, Associate Professor of the Department of Entrepreneurship and Logistics at the Russian University of Economics said that due to the global shortage of cocoa beans, there will be no increase in chocolate prices in Russia earlier than in two months. GV Plekhanov Igor Stroganov.
The economist noted that the chocolate currently in stores and in production was purchased at the old prices. According to him, an increase in prices in the near future can occur only if the manufacturer and seller of confectionery products decide to insure themselves in advance and compensate for future losses.
“But a new batch of chocolate products will be more expensive,” Stroganov warned. “Companies will have to raise prices whether they want to or not; no one works at a loss.”
According to the expert, the size of the increase can be anything and will depend only on the reasonableness of the producer and the intermediary, as well as their willingness to work on the market for a long time. Stroganov also added that there is always the opportunity to replace an expensive natural component with various imitations.
“In the coming years, we will have to read the labels of confectionery products very carefully and get used to eating less sweets, which is generally quite good for health,” the economist said.
The price of cocoa beans on the stock market last week updated 1977 record.
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