Sylvain Charlebois
👤 SpeakerAppearances Over Time
Podcast Appearances
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.
To your point.
Yeah.
So if one drops, it doesn't mean the other drops.