New tariffs could mean rising chocolate costs ahead of Valentine's Day
Valentine's Day is fast approaching. Chocolate is always one of the most popular gifts to give a loved one. But, with new tariffs being implemented, the price of paying for that sweet treat could go up enough to break your heart.
The rise of cocoa prices will hit big food businesses like Unilever, Mondelez and Nestle with each business citing concerns ...
Cocoa prices have surged over the past several years, recently reaching record levels and driving up the cost of chocolate. For the third year, cocoa harvests are coming up short due to abnormal ...
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Hershey views cocoa pressures as transitory but pricing ensues for nowFurther pricing is expected to be the “primary” driver behind the chocolate and snacks maker’s 2% revenue growth outlook for ...
Cocoa prices today are mixed. Today's rally in the dollar index to a 3-week high (DXY00) undercut NY cocoa prices. However, London cocoa is higher after the British pound (^GBPUSD) fell to a ...
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