Cocoa price explodes – Zotter: “Chocolate will never be this cheap again”

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The price of cocoa is skyrocketing, chocolate is becoming an expensive delicacy: the headlines of recent days are making the lives of sweet lovers bitter. Chocolatier Sepp Zotter knows the facts. And he tells the “Krone” what that has to do with “Leck Fett’n”.

“Kron”: Mr Zotter, why has the price of cocoa on the world market almost tripled at the moment?
Josef Zotter:
In the conventional sector it was stable for a long time at 2,500 dollars per ton, sometimes even up to 12,000, now it is around 8,500 – that changes almost every minute. The reasons for this are, on the one hand, failed harvests, also as a result of climate change, and on the other hand the lack of workers because the young people who mainly work on the plantations are migrating en masse to the cities. And very massively: speculators.

Source: Krone

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