It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter taste in your mouth.
This year, cocoa prices nearly tripled, which could affect chocolate lovers around the globe. Prices had hit a record high of $12,931 per ton in New York in early December on supply concerns.
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 ...
Cocoa prices Thursday extended this week's sharp decline, with NY cocoa posting a 6-week low and London cocoa posting a 5-week low. Cocoa prices are under pressure this week on signs of slowing ...
Cocoa prices today are plunging, with NY cocoa posting a 1-month low and London cocoa posting a 5-week low. Cocoa prices are retreating today after major chocolate maker Mondelez International ...
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 soaring price of cocoa over the past year has pushed up the cost of chocolate, leading candy companies and consumers to lean toward other options this Halloween. Ritz has announced a new ...
The price of cocoa hit a record high in December, reaching $10.32 per kilogram. But rather than levelling out, or even declining, the price has continued to rise, reaching $10.75 per kilogram on 31 ...