Lindt CEO Issues Chocolate Price Warning on Africa Cocoa Premium

Ivory Coast, Ghana charging $400/ton premium for farmers
Cocoa growers elsewhere likely to raise bean prices too

A employee checks Lindt chocolates on the production line at the Lindt & Spruengli AG factory in Kilchberg.
Photographer: Gianluca Colla

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By Corinne Gretler and Agnieszka de Sousa

March 3, 2020 at 1:24 PM UTC

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Lindt & Spruengli AG warned that the premium imposed by the world’s largest cocoa growers in West Africa will give chocolate manufacturers little choice but to raise their prices.