CocoaBeansCoin.com
Cocoa bean prices have quintupled over the year
There is a "perfect storm" in the market
What caused cocoa bean
prices to skyrocket?
Key cocoa producers in West Africa have been facing issues for the third year, but the situation has particularly worsened in the 2023/2024 season due to weather and crop diseases.
This year's harvest shortfall could be about 500,000 tons, approximately 10% of the global market.
For comparison, last year the International Cocoa Organization recorded a shortage of 74,000 tons. Producers in Ghana and Côte d'Ivoire, who together account for 60% of global supplies, have been the hardest hit.
Harvest losses are observed across the entire "cocoa belt," and there are about a dozen reasons for this.
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Top Direct Response Copywriters
Conversion-focused Text
Sales Letter. Sales Pitch and Ping
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Goal: 10 million Holders. Retail
and
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Goal: 1000 Major Stakeholders
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