Monday, July 07, 2008
Bad Cocoa Butter News
After watching the price of cocoa butter double in the past year, I was alarmed to hear from my supplier that it will be going up by another 50% in the near future. I found an article that might shed some light on the rising prices:
'Yields are declining all across the cocoa plantations of West Africa, where two thirds of the world's supply is grown, as soils are degraded and the area able to support the crop retreats.'
I thought about stocking up, but perhaps the best way forward is to reformulate.
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