Cost Of Chocolate Could Be On The Rise In 2007
According to a story I spotted in the Columbus Dispatch, it looks like chocolate might just become a pricier indulgence in 2007. Cocoa prices have gained in London after a breakdown in peace talks between rebels and the government of the Ivory Coast, who just happens to be the world’s largest producer of beans. London and New York have seen gains of 8.4 and nearly 12 percent, respectively since the beginning of November, when the United Nations became “seriously concerned” by clashes which occurred in Abidjan, the commercial capital of the west African country.
According to the story, Ivory Coast, which has been split since 2002, has a government-controlled south and a rebel-held north, along with almost 6,000 UN peacekeepers and 4,000 French soldiers.
What does all of this mean for choc-aholics? Probably nothing really. You may notice a little price increase, but probably nothing more than good ‘ol inflation. The chocolate-makers? It may have a little more affect on them. I would say those that feel the real changes if any will be the Ivory Coast folks, and that’s much less about cocoa and much more about making peace, which is okay by me.
