Commodities
Cocoa’s Biggest Gain Since 2008 Is Bad News for Chocolate Consumers
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Cocoa’s biggest annual gain in 15 years is bad news for chocolate consumers around the world.
The surge in prices is likely to hit shoppers even harder next year as chocolate makers run out of supplies purchased at lower levels and begin to account for the brunt of the rally. White sugar futures capped a fifth annual gain, adding to the inflation in the sweets aisle.