Cocoa Beats Bitcoin with Triple-Digit Gains, Supply Shortage and Price Hikes

By
Yuki Ono
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).

Cocoa's 186% gain in the last 12 months has exceeded bitcoin's surge, driven by lower crop yields, political instability, and imbalanced supply. The S&P GSCI Cocoa index is up 206% in the last 12 months, with supply shortfall of about 374,000 tons. Chocolate prices have increased by 11.6%, and major companies warn of potential price hikes due to cocoa supply shortage. Cocoa's impressive rally has outpaced bitcoin, attributed to the approval of spot ETFs and the upcoming supply shock triggered by the halving.

You May Also Like

This article is submitted by our user under the News Submission Rules and Guidelines. The cover photo is computer generated art for illustrative purposes only; not indicative of factual content. If you believe this article infringes upon copyright rights, please do not hesitate to report it by sending an email to us. Your vigilance and cooperation are invaluable in helping us maintain a respectful and legally compliant community.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings

We use cookies on our website to enable certain functions, to provide more relevant information to you and to optimize your experience on our website. Further information can be found in our Privacy Policy and our Terms of Service . Mandatory information can be found in the legal notice