The price of cocaine has skyrocketed 50 per cent in Australia since the onset of the Covid pandemic, racking up a price of over $450 a gram. Australia and New Zealand have long been seen as a fertile market for cocaine profits, with residents willing to pay more exuberant prices than anywhere in the world for cocaine. But that's not the only reason cocaine prices have risen. But despite the soaring prices, the increased value of wholesale drugs 'has not transmitted to higher street purity levels'. The party drug MDMA, often referred to as ecstasy, lifted from $12,000 to $15,000 a kilo to between $20,000 to $25,000.

Source: Daily Mail December 28, 2020 23:52 UTC