Chocolate prices set to drop amid cocoa futures plunge
Futures contracts for cocoa beans have fallen to nearly $3,500 per tonne, down 75% from their December 2024 highs, signalling a potential decrease in chocolate prices.
This drop in cocoa prices reflects shifts in the global raw materials market for chocolate, which is likely to affect the cost of finished chocolate products soon.
Consequently, producers and consumers can expect more affordable chocolate products in the coming months.
