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 ...
Many would-be Valentine's Day shoppers are arriving at stores to the surprising news of chocolate prices that are up 20% compared to last year. It's all due to rising cocoa prices, in part because ...
THE cocoa industry is currently navigating a complex landscape marked by fluctuating prices, supply challenges, and evolving ...
7d
GlobalData on MSNHershey 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 1 ...
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 ...
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.
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices Hershey Co.'s stock fell Friday, as Piper Sandler cut its rating on the chocolatier ...
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