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Published on 2025-12-29 09:45:49
Global cocoa prices have come down after two years of rising costs.
At the end of 2024, the price of cocoa almost hit US$12 000 per tonne.
Now, it has dropped to around US$5 000 per tonne.
That is a drop of more than 50% in just one year.
Experts say this is happening because harvests in Ivory Coast look much better than expected, BusinessTech has reported.
Economist Simon Lacoume says the price change is bringing things back to “more rational levels”.
This is great…
Read the Full article on The Namibian
