It will be harder to find deals on chocolate this Valentine’s Day due to years of bad growing conditions in the key ...
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 ...
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 ...
As cocoa prices hover near December’s record highs, however, the chocolate and salty snacks maker said net pricing will be the “primary” driver behind Hershey’s 2% growth outlook versus ...
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 ...
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 ...
In the heat of a turbulent year of soaring cocoa prices and political uncertainty, Mondelēz International managed to grow, though only just. However, its full year results for 2024 makes clear trouble ...
Zaramella highlighted that cocoa prices remain a significant headwind but noted that their hedging strategies provide partial protection. Additional cost-saving measures, including productivity ...