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 ...
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 ...
The extent of supply issues for a key ingredient means that prices are unlikely to return soon to the levels chocolate makers ...
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...
from their autumn forecast of 108,000 tons. That’s mainly because they expect demand to fall by at least 1.8% as historically high cocoa prices dent consumption. However, chocolate prices for ...
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 ...
Hershey announced better-than-expected earnings despite rising raw material costs, driven by robust pricing strategies and ...
Ritz and Oreo maker Mondelez International (MDLZ) was less tasty today after a top analyst downgraded the stock on cocoa price fears ... last longer than initially forecast because of lower ...