LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Cocoa prices hit $10,000 per metric ton for the first time ever

Garry Wills by Garry Wills
March 26, 2024
in Business Finance
Cocoa prices hit ,000 per metric ton for the first time ever
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on Nov. 14, 2023.

Sia Kambou | Afp | Getty Images

Cocoa reached hit a record Tuesday as supply constraints fuel prices higher.

Futures for May delivery were up 3.9% at $10,030 per metric ton, marking the first time the commodity breaks above the $10,000 mark. Cocoa has been on a tear this year, soaring nearly 39%.

Stock Chart IconStock chart icon

Huge gains for cocoa in 2024

Ivory Coast, the biggest coca producer in the world, is facing hotter-than-normal temperatures — which have led to dryer-than-usual conditions and crop yields. An outbreak of cacao swollen shoot virus has helped dent supply as well.

The move comes as chocolate demand in countries such as the U.S. remains strong.



Source link

You might also like

Astronomer CEO’s ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster

JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive

Stocks making the biggest moves midday: Block, SolarEdge, Cleveland-Cliffs, Verizon & more

Share30Tweet19
Previous Post

The greenback’s growth and yield advantage should persist

Next Post

Supreme Court weighs challenge to abortion pill’s widespread availability

Garry Wills

Garry Wills

Recommended For You

Astronomer CEO’s ‘kiss cam’ controversy sparked over  million in prediction markets bets on his ouster
Business Finance

Astronomer CEO’s ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster

July 21, 2025
JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive
Business Finance

JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive

July 21, 2025
Stocks making the biggest moves midday: Block, SolarEdge, Cleveland-Cliffs, Verizon & more
Business Finance

Stocks making the biggest moves midday: Block, SolarEdge, Cleveland-Cliffs, Verizon & more

July 21, 2025
Stocks making the biggest moves premarket: Block, Pinterest, Verizon and more
Business Finance

Stocks making the biggest moves premarket: Block, Pinterest, Verizon and more

July 21, 2025
Next Post
Supreme Court weighs challenge to abortion pill’s widespread availability

Supreme Court weighs challenge to abortion pill's widespread availability

Related News

Putin’s Black Sea Fleet are suffering with issues to reload cruise missiles for their ‘winter campaign’ in Ukraine

Putin’s Black Sea Fleet are suffering with issues to reload cruise missiles for their ‘winter campaign’ in Ukraine

November 25, 2023
Google sues scammers over creation of fake Bard AI chatbot

Google sues scammers over creation of fake Bard AI chatbot

November 14, 2023
Nvidia forms ‘bearish engulfing’ stock chart pattern that can sometimes mark a temporary top

Nvidia forms ‘bearish engulfing’ stock chart pattern that can sometimes mark a temporary top

June 21, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?