business
Cocoa and fuel costs feel the heat from global weather and conflicts
June 3, 2026
A climate pattern called El Nino could squeeze cocoa supplies this year, pushing prices up slowly rather than sharply. The company’s new leader noted that London cocoa prices are slipping from last spring’s high of over £9, 000 per ton to about £2, 944 now. Experts say an El Nino event has an 80% ch
