In the News
Commodity Prices - Cocoa Prices Surge to 40 Year High
18th January 2024
World prices for cocoa beans have surged to a forty-year high. Supply-side factors are largely to blame but so too is an increase in speculative demand in the future market as buyers scramble to secure dwindling supplies. Is a rise in price always good news for producers?
#Kerala cocoa farmers rejoice as the crop sees a whopping increase in price from Rs 180/kg to Rs 325/kg now, the highest in 44 years.https://t.co/Es3MSu2Hua
— The New Indian Express (@NewIndianXpress) January 17, 2024
- Economics
- Blog
- In the News
- Cocoa Market
- Price Mechanism
- Signalling function
- Price Volatility
- Speculative Demand
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
Price Mechanism Revision Quiz
Quizzes & Activities
Fishing for perfect competition
16th February 2015
Falling oil prices and the energy industry
19th May 2015
Beyond the Bike lesson resource - analysing the impact of Uber
22nd January 2016
Consumer sovereignty and the changing face of Swiss chocolate
13th April 2017
Introduction to Subsidies (Online Lesson)
Online Lessons
Free Markets
Topic Videos