The spike in cocoa costs—driven by supply chain disruptions, climate concerns, and geopolitical tensions—has been forcing ...
Homegrown bean-to-bar chocolate makers are also facing the brunt of the cocoa surge. Kocoatrait has increased the prices of many of its 45 gram bars from Rs 235 to Rs 280. “We used to buy cocoa ...
"Wherever (price increase) is absolutely essential, we will have to take some pricing action," Nestle India Managing Director Suresh Narayanan told Reuters ...
Around 1:07 PM, Nestle India’s stock price was up 1.34 per cent at Rs 2,250 per share on the BSE, compared to a 0.28 per cent rise in the BSE Sensex, which was at 74,660.84. The company’s market ...
Global cocoa prices which have been on the boil for quite some time due to scarce supply reached nearly $13,000 per metric ton in December last year, hitting a record high. Chocolate prices have ...
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FMCG majors have faced soft demand conditions for over 10 quarters. While they note a recovery in rural areas, urban demand ...
The Sensex closed marginally higher on Tuesday, while the Nifty ended flat, as gains in heavyweight financial and auto stocks offset losses in metals, with lingering global uncertainty over US tariffs ...
Harsh Baheti’s journey into the world of luxury chocolates did not begin at a high-end confectionery ... ad The numbers reflect Cocoa Melts’ tremendous growth. “In our first year, 2016, we had an ...