date:Aug 29, 2014
to switch to cocoa because it pay workers more and requires fewer environmentally-damaging chemicals, he said.
Price Surge
Cocoa has jumped 19 per cent to $3,216 a ton on the ICE Futures US in New York so far this year. Prices will fall to an average $2,992 a ton in 2015, according to the median forecast of five analysts surveyed by Bloomberg.
Prices may rise to as high as $3,400 by the end of the year and wont fall below $2,800 as growing demand for fine chocolate in China benefits global pr