Chocolate cravings to get more expensive to satisfy
Bringing Taiwan to the World and the World to Taiwan
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Bringing Taiwan to the World and the World to Taiwan
Cocoa factories around the world are slowing down fast, a sign that the worst is still to come for chocolate makers.
Bloomberg writers Megan Durisin and Mumbi Gitau reported today that, "Global food prices rose for the first time in a year, just as the rampant run-up in grocery costs begins to cool in some countries."
White sugar futures rose as much as 4.3% on Tuesday, reaching the highest levels since 2011, as concerns over limited global supplies .
By Megan Durisin, Áine Quinn and Daryna Krasnolutska (Bloomberg) — Wheat prices soared after Russia suspended a deal guaranteeing safe passage of Ukrainian exports, with Moscow warning that shipments become “much...