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Chocolate prices set for further increases

Posted on 26 January 2009

From FT: Chocolate prices in the shops are likely to rise further, hitting cash-strapped consumers, after wholesale cocoa prices in London jumped last week above the key £2,000 a tonne level for the first time in almost 24 years.

Premium chocolate brands, which typically use more cocoa, are likely to be the worst affected as any further rise in prices is expected to exacerbate the shift by consumers to cheaper brands to save money….. Full Article: Source


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VRS - who has written 42123 posts on Opalesque Commodities Briefing.


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