As chocolate makers ramp up for one of the busiest times of the year, experts are warning of a sharp price increase in the next few months.
Robe chocolatier Lisa Ruffell pours molten chocolate into moulds.The cost of chocolate is expected to sharply increase in the next few months.Cocoa commodity prices have decreased from an April peak, but are expected to remain high.Sweet-toothed shoppers are being warned to expect a rise in chocolate prices heading into the new year due to an ongoing cocoa crisis .
She said the business had slightly increased its prices and would have to reconsider those prices in the new year. Mr Joules said while cocoa's commodity price had started to decline he believed "the worst is still yet to come" for consumer prices.He said this was because big chocolate producers often hedge the commodity, committing to buy cocoa at prices set as far back as 18 months ago.
Chocolate Cost Of Living Commodities Sugar Cocoa Crisis Junee Robe
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