date:Aug 18, 2014
to $6,500 per tonne in February an increase of over 60 per cent. This represents a ten year high.
Some manufacturers of bags of mixed nuts have already started removing hazelnuts from packs.
This will also have a knock on effect for chocolate producers, to add to their woes of rising coca prices due to the increasing popularity of chocolate in China and India. Hazelnuts are used extensively in confectionery and cannot easily be substituted with other nuts. For example, Cadbury's Whole Nut bar