East Texas candy store seeing 200% cocoa price increase

East Texas candy store seeing 200% cocoa price increase

LINDALE, Texas (KETK) - The price of cocoa, the main ingredient in chocolate, has been on an unsweet price hike for the last two years. Egg prices expected to increase even more this year "A dramatic increase," Lindale Candy Company co-owner Jeremiah Cagle said. A year ago, suppliers could purchase the beans from other countries for just under $3000 a ton. "Now today it's trading at as high as $13,000 a ton," Cagle said. Cagle said cocoa g…

The price of coffee is breaking records, now it is worth the most in history on the stock exchange. Thus, customers can expect to pay more in cafes and shops. The increase in price will probably affect chocolate products as well. At the end of last year, cocoa prices also began to rise significantly. In both cases, the weather is to blame.