Cocoa Supply Crisis
Pierre highlights the critical imbalance between cocoa inventory and demand, leading to potential shortages. The destocking trend across the cocoa chain signals a looming deficit, raising concerns about cocoa bean scarcity and price volatility. The physical settlement nature of cocoa futures further intensifies the risk of price spikes in the face of dwindling supplies.In this clip
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Pierre Andurand Says the World Could Run Out of Cocoa Inventories
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