Chocolate fans in Japan are bracing for higher prices due to an unprecedented surge in cocoa prices. The surge is expected to impact retail prices in September. Importers may shift purchases from Ghana to Ivory Coast. Cocoa prices have experienced significant volatility and supply shortages.
Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues https://t.co/1HlCrvnPEE Speculative Cocoa longs getting squeezed. Previously Cocoa hedgers had to keep adding funds to margin, or drop their hedges.
Unprecedented volatility in the Cocao markets currently with huge supply shortages coming out of Ghana & the Ivory coast with represent 2/3 of global production. These producers failed to deliver beans already sold to traders in the futures markets. Traders are worried about… https://t.co/12DA9JcAgY
Huge supply shortages put cocoa market under strain https://t.co/50qOr0h3rj
Top Cocoa Producer Ivory Coast Suspects Fraud in Fairtrade Beans Regulator suspended the Fairtrade system after concerns Cocoa shortage has prompted surge to record prices this year https://t.co/QWl15GcI72
With cocoa prices soaring in recent months amid constrained supply and soaring demand, investors have shown a taste for startups developing alternatives to chocolate. It remains to be seen whether consumers will follow. https://t.co/0oZISj1LBX
Cocoa prices recover after slumping 20% amid record low liquidity https://t.co/7OFLYIUkQl https://t.co/oVoshztlI2
"Cocoa extended a slump in London and New York, dropping 26% over the past two days" (Bloomberg) May-24 contracts now $7,354/ton (peaked at $10k+) $HSY https://t.co/Gc1oyRVEyG https://t.co/u7fSNUNcmP
Chocolate fans in Japan, one of Asia’s biggest cocoa buyers, are heading for a sticker shock later this year as an unprecedented surge in cocoa prices finally filters through to stores. https://t.co/qamLR5ph57
Cocoa Crash Unfolds As "Liquidity Evaporates" https://t.co/NoxAyC937w
Chocoholics in Japan Set for Sticker Shock After Cocoa Surge: BBG You mean "after yen implosion." But otherwise inflation is just 2%, pinky swear
🍫🇯🇵.@AkemiTerukina and @cangsizhi spoke with Itochu, one of Japan's top trading firms and cocoa importers, on what the unprecedented surge in cocoa prices mean for consumers. https://t.co/QEPXQ1IBnw
Chocoholics in Japan Set for Sticker Shock After Cocoa Surge Impact on retail prices will probably be seen in September Importers could buy more from Ivory Coast, less from Ghana https://t.co/hy8Ia65ZMC
Chocolate fans in Japan are heading for a sticker shock later this year as an unprecedented surge in cocoa prices finally filters through to stores https://t.co/afIkYEAXzD