The chief of Barry Callebaut , one of the world’s top cocoa processors, said on Tuesday that El Nino weather conditions could drive up cocoa bean prices by a few thousand pounds per metric ton.
El Nino, a climate pattern that can raise temperatures and increase the risk of extreme weather, may reduce the yield of crops including cocoa, limiting supply and pushing up prices.
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However, the prices should not jump as dramatically … [1433 chars]
Source: Reuters | Published: 2026-06-02T12:22:38Z
Credit: Reuters
