Tue, 26 Mar 2024 11:42:04 GMT
Cocoa price hits the 10,000 mark
The ongoing spread of a cocoa bean disease in West Africa continues to disrupt the market. On March 26, the cocoa price hit the $10,000 mark.
The price has surged 136.44% in 2024 by gaining $5,852.45.
In addition, as the markets have been expecting global monetary easing, cocoa has surged as any commodity. The price gains since early 2023