The price of cocoa reaches a new historic record, at $10,000 per tonne in New York. This record comes amid growing fears of supply shortages.

The most traded cocoa contract for delivery in May traded around 3:10 p.m. GMT at $9,871, after crossing the $10k per ton mark at the start of the European session. More information to come…. More information on cocoa prices at www.dailymail.co.uk/cocoa.