zerohedge #chocflation

Anyone buying #Easter eggs this year will have noticed #chocflation with chocolate egg prices up 50%. The fragile #global #supplychain is leading to price ☝️, #shrinkflation , and availability issues. Good discussion with Samantha Washington Sky News

Chocflation. Che la cioccolata Cadbury costi quanto quella dei frati trappisti ha senso solo in un mondo distopico.

CHART OF THE DAY: Cocoa prices are melting down. New York and London cocoa futures are down ~15% today (that's, by far, the largest one-day % drop in data going back nearly 65 years).

#cocoa #chocflation

Chocflation
independent.co.uk/news/uk/home-n…

Chocflation

Chocflation

Easter Eggs are costing 50% more than last year as the price of cocoa continues to surge. Lydia Patrick and I examine what has triggered chocflation, and why it might not be ending anytime soon.

independent.co.uk/news/uk/home-n…

#inflation swear to god my bag of peanut m&m's has way fewer pieces than before .... stop the chocflation 😳

dailymail.co.uk/news/article-1…

Chocflation!

From The Mail+: Chocflation! Bars shrink amid rise in cocoa prices mailplus.co.uk/edition/news/e…

I've been stocking up as I'm a true chocoholic. I do a cringe anytime I post something partially blaming 'climate change', but the weather is just a part of the problem.
Chocflation: Inside the cocoa crisis leading to skyrocketing Easter egg prices
independent.co.uk/news/uk/home-n…

I missed the rains down in Africa…dailymail.co.uk/news/article-1…

Liquidity in cocoa markets is quickly evaporating.

The number of outstanding contracts (open interest) in New York and London combined has tumbled 40% since mid-January. NY open interest is at a 12-year low.

#cocoa #chocflation

Away from the Middle East crisis, cocoa prices keep climbing with the most active contract in New York surging today to a fresh all-time high of ~$10,700 a metric ton. Over the last year, cocoa prices are up ~270% | #cocoa #chocflation

All because of heavy rainfall in Africa???
No, no, no, the world is on fire, the seas are boiling, it can't possibly be because of the rain. 😂😂

Chocflation! Bars could shrink even further in size mol.im/a/12352343 via Daily Mail Online

Chocflation: Inside the cocoa crisis leading to skyrocketing Easter egg prices - The Independent independent.co.uk/news/uk/home-n… via Google News

Chocflation: Inside the cocoa crisis leading to skyrocketing Easter egg prices independent.co.uk/news/uk/home-n…

Javier Blas Bloomberg Opinion Well done! Can I borrow the term #Chocflation ? 😀

Is that the same Africa that's supposed to be on fire due to Climate Change 🤔🤨

mol.im/a/12352343 via Daily Mail Online