Chocolate price could go up

Chocolate prices may rise as the cost of cocoa butter goes up with the increased demand by Asia's growing middle class.

October 14, 2013 3:52:46 PM PDT
Chocolate lovers beware! The price of your favorite treat could soon be on the rise.

Rising demand in emerging markets and bad weather in key cocoa producing countries are pushing up the cost of key ingredients that go into chocolate. The price of cocoa butter, for example, stands at a four-year high.

But you may not have to pay more at the vending machine. The industry might either reduce the cocoa content or reduce the size of its products.