Chocolates to cost more – on high cocoa price ?

Chocolate prices are set to increase in India following the rise of price of cocoa in global market. The prices have shot up to $2,516 per tonne from $1,961 per tonne from last year. Global cocoa prices have increased 28% over the past year and is expected to climb further following a crisis in West Africa. The Indian prices have increased over 6% in the last year and it will also affect price of other products like cocoa butter and cocoa powder.

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