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Chocolate prices expected to skyrocket due to El Nino, rising production costs
Australian Community Media
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2 years ago
The cost of chocolate is soaring due to floods in major production areas with the forecasted El Nino drought conditions expected to keep prices high.
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00:00
[Music plays]
00:26
(Dr. Andrew McLean) Ultimately just underlying supply and demand fundamentals.
00:29
So there's weather risks in key production regions,
00:32
there's also some disease risks in some of those producing regions as well.
00:35
[Music plays]
00:55
[BLANK_AUDIO]
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