As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter ...
Cocoa prices today are plunging, with NY cocoa posting a 1-month low and London cocoa posting a 5-week low. Cocoa prices are retreating today after major chocolate maker Mondelez International ...
The price of cocoa hit a record high in December, reaching $10.32 per kilogram. But rather than levelling out, or even declining, the price has continued to rise, reaching $10.75 per kilogram on 31 ...
Whoever said that you can't put a price on love probably didn't have to spend money on food for Valentine's Day. This year, ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices Hershey Co.'s stock fell Friday, as Piper Sandler cut its rating on the chocolatier ...
Despite those figures, companies are attempting to offset cocoa’s sky-high prices, meaning that chocolate prices will likely still increase on the consumer side of the market, Bloomberg notes.
Record-breaking cocoa prices have left a bitter taste for candy companies, and show why derivatives markets can offer some relief. Pennsylvania-based Hershey said it booked a $460 million pretax ...
(Reuters) -Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including from surging cocoa prices ...
Cocoa prices retreated Wednesday, with NY cocoa posting a 1-month low and London cocoa posting a 5-week low. Cocoa prices fell Wednesday after major chocolate maker Mondelez International ...