Confectioneries Adapting Amidst Cocoa Scarcity

profit margin: 순이익률
skyrocketing prices: 치솟는 가격
That says they’re facing pressure on their profit margins amid skyrocketing prices in the cocoa market.

evaluate: 평가하다
We stopped giving any discounts or giveaways, so we’ve stopped offers and we are evaluating the price increase.

meltdown: 붕괴
The meltdown in the chocolate market could get worse.

hike prices: 가격을 인상하다
While it hasn’t hiked prices yet, it might have to do so given that prices would have to increase by 30% just to break even.

diversify: 다각화하다
In terms of long-term strategy, I think that we would have to look at having a diversified portfolio for us.

deter: 억제하다
Still, one economist says demand is unlikely to be deterred.