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The rise in cocoa bean prices caused an increase in the price of ice cream in Russia

The rise in cocoa bean prices caused an increase in the price of ice cream in Russia

The price of ice cream will increase in Russia due to rising prices for cocoa beans, the Mash telegram channel reports on May 26.

“The cost of dairy products has already increased by 15%, that of chocolate, by 25%. Reason: increase in prices of raw materials, packaging and logistics.”says Mash.

It is reported that the price increase should not significantly affect the ice cream. There may still be a price increase due to the season, but ice cream with chocolate glaze will become more expensive due to record cocoa bean prices.

Let us remember that the basis of the increase in prices is the crisis in cocoa production: due to a poor harvest, the prices of this raw material have currently exceeded the record reached in 1977, reaching a level of 8,000 dollars per ton, which is added to the increase in last year’s prices of sugar and cocoa oil.

To obtain the best cocoa harvest, a certain alternation of sunny and rainy days is necessary. Already at the end of 2023, in the face of extreme climate phenomena, sector analysts expressed alarm at the inexorable increase in prices that was occurring.

Source: Rossa Primavera

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