Cocoa prices continue spiking as demand remains stubbornly high

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Cocoa prices continue spiking as demand remains stubbornly high

Despite the historic price increases in the global cocoa market, there are few immediate signs of a market reversal as buyers continue to pay what sellers are offering. SPGCI analysts also discuss recent bankruptcies among Brazilian farmers in this month’s video, in addition to how the war in Ukraine could impact grain markets in 2024.

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