Thursday closed up +375 (+3.75%), and March ICE London cocoa #7 (CAH25) closed up +164 (+2.05%). Cocoa prices rallied sharply ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
The extent of supply issues for a key ingredient means that prices are unlikely to return soon to the levels chocolate makers ...
BMI (a unit of Fitch Solutions) on Thursday revised up its price forecast for ICE-listed second-month cocoa futures to $7,600/tonne from $5,900/tonne, as it expects prices to remain above ...
Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...
New York cocoa bean futures in 2024 outperformed ... be down about 25% from a year earlier. Prices subsequently dropped as the year progressed on forecasts of a rebound in production in the ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
The surge in cocoa prices, coupled with higher transportation costs, led to a 650-basis-point decline in the company's ...
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