The cost of your favorite chocolate could soon leave a bitter taste…this comes as cocoa prices hit a new record high. Cocoa futures have reached an all-time high of over 11,900 dollars per tonne, with prices almost tripling since the start of 2024.

Cocoa Futures Soar To  $11,925 Per Ton Amid Supply Woes

The European Union has imposed a hefty fine on the US confectioner Mondelez, the company behind popular brands like Oreo and Toblerone. The fine, amounting to 366 million dollars, is a penalty for restricting the sale of products within the 27-country bloc.

EU cracks down on US chocolate giant Mondelez

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Cocoa Futures Soar To $11,925 Per Ton Amid Supply Woes

Cocoa Futures Soar To $11,925 Per Ton Amid Supply Woes

EU cracks down on US chocolate giant Mondelez