From a technical perspective, cocoa prices are consolidating within a triangle formation on the daily chart. The upward green trend line coincides with the 50-day moving average of US$10,173 per tonne ...
It will be harder to find deals on chocolate this Valentine’s Day due to years of bad growing conditions in the key cocoa-producing region of West Africa.
Cocoa is pulling back against the recent all-time high. However, the pullback is expected to finish above the October 2024 low and return upside to continue the all-time bullish sequence. Thus, buyers ...
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further financial strain. Learn more on HSY stock here.
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...
He packaged the sweet chocolates in lovely heart-shaped boxes adorned with Cupids and rosebuds, and marketed them around Valentine’s Day.
Why even with a weak La Niña, have coffee, cocoa and sugar prices soared?” Below are excerpts from my recent WeatherWealth ...
17d
Barchart on MSNIs the Rally in Cocoa Running Out of Upside Steam?Commodity cyclicality tells us the odds favor lower cocoa prices in 2025. However, a price correction depends on increased West African output, which depends on the weather and other factors in a ...
7d
Hosted on MSNHas World Sugar Futures Established a Bottom?In my Barchart January recap of the soft commodities sector in Q4 and where they are heading in 2024, I concluded, “Brazilian ...
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Ocean demand being pulled forward. The main debate regarding the container ship market is whether several factors will converge to tank rates later this year. Most industry profes ...
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