Sylvain Charlebois
๐ค SpeakerAppearances Over Time
Podcast Appearances
You don't need a cold chain, an expensive cold chain.
And so whenever I see a heist of meat, I say, well, that group has a market already.
So the black market will actually emerge because of higher prices.
And so people will actually steal something for someone or a group of people.
So they already have a buyer for some of these products.
With chocolate,
You're not in a hurry.
You don't have to be in a hurry.
You can actually store it for a while.
That's a really good question because right now, since November, I would say that we've seen Cocoa Futures drop, I mean, dramatically.
They're below $3,500 US a metric ton now.
That's a huge drop in just a few months.
So a lot of people were asking me, are my Valentine's Day chocolate going to be cheaper?
No, not for this year.
Maybe for next year.
You raise a good point.
Nobody really knows.
It just gives the ability for... So whenever I'm asked a question, will chocolate be cheaper?
Will coffee be cheaper?
Or whatever commodities... Because the correlation between commodity prices and retail prices is very weak.