Chocolate and other products are likely to cost more as palm oil prices shoot up. Photo: Shutterstock
Chocolate and other products are likely to cost more as palm oil prices shoot up. Photo: Shutterstock

Chocolate to get more expensive as palm oil prices skyrocket

  • The tropical oil is found in an array of products, including chocolate, pastries, soaps, lipstick and biofuel
  • While there are alternatives like soybean oil and sunflower oil, prices for those have been rising too, increasing concern over global food inflation

Chocolate and other products are likely to cost more as palm oil prices shoot up. Photo: Shutterstock
Chocolate and other products are likely to cost more as palm oil prices shoot up. Photo: Shutterstock
READ FULL ARTICLE