📈
El Niño may push cocoa prices higher, ICCO warns of weather shock
📈 Business

El Niño may push cocoa prices higher, ICCO warns of weather shock

The International Cocoa Organization has raised alarm in a report about growing risk that El Niño will hit the global cocoa market. Extreme weather could disrupt harvests in key producing countries, driving further price increases for the commodity. Cocoa is already one of the most volatile agricultural goods on global markets.

Comments

No comments yet