Cocoa Surpasses Copper in Price for the First Time in Twenty Years

World Cocoa prices soared past $9,000 per ton for the first time in two decades, surpassing copper prices. The jump stems from a supply pinch as demand from chocolate makers rises. They scramble for cocoa beans. Cocoa futures jumped 50% this month, and the price has more than doubled this year. West Africa, the top […]

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