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Cocoa bean prices have doubled since the start of the year, raising the prospect of dramatically pricier chocolate less than a month from two of the world’s biggest sweet-filled religious festivities – Easter and Eid. Mondelez, which lists Cadbury and Toblerone among its brands, said in a recent earnings call that it would have to raise prices of its chocolates due to cocoa inflation. CoBank, a US-based co-op lender to agribusinesses, warned in a report that “additional price hikes for chocolate confections throughout the year are likely.” Prices on the cocoa futures market had topped $5,000 a…

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