Rising cocoa prices due to West African crop damage may make chocolate more expensive or smaller in Australia.

Cocoa prices are rising due to crop damage in West African countries, leading to potential price hikes and smaller sizes of chocolate bars in Australia. Local manufacturers are considering various strategies, including using substitute ingredients or moving production overseas, to cope with increased costs. This situation may make chocolate bars a luxury item, according to the International Cocoa Organisation.

2 months ago
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