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Lots More on the Parabolic Surge in Cocoa Prices

Lots More on the Parabolic Surge in Cocoa Prices

FromOdd Lots


Lots More on the Parabolic Surge in Cocoa Prices

FromOdd Lots

ratings:
Length:
22 minutes
Released:
Mar 29, 2024
Format:
Podcast episode

Description

The cost of cocoa beans has surged to a record $10,000 per metric ton. That's expected to make chocolate more expensive for millions of confectionary fans around the world. But why have prices more than doubled in the past few months alone? And what could halt the surge? We speak with Bloomberg Opinion columnist and Odd Lots favorite Javier Blas. He describes how a combination of chronic underinvestment in cocoa supply has run head first into financial markets to squeeze prices higher.See omnystudio.com/listener for privacy information.
Released:
Mar 29, 2024
Format:
Podcast episode

Titles in the series (100)

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.