Hershey's stock faces cost headwinds in 2025 and short-term volatility. Click here to find out why I rate HSY stock a Buy.
Ghana’s illegal gold mining sector, locally called ‘galamsey’, is having a significant impact on cocoa prices, the FT ...
In summer 2022, cocoa stood at less than $2,000 a ton and peaked well over $12,000 during the 2024 holiday season, chocolate expert Philippe de Selliers told The Associated Press. Now, that price ...
Cocoa has been the centre of many manufacturers’ stresses lately. Prices have rocketed and hit a new all-time high. Larger companies until recently could protect themselves from price rises using the ...
“This Valentine’s Day expect prices for chocolate treats to increase around 10-20% over last year as the price of cocoa has more than doubled since the beginning of 2024,” said David ...
The current retail price for U.S. chocolate ranges from $3.08 to $5.72 per pound, according to Selina Wamucii, which conducts agriculture market research. Cocoa is a key ingredient in chocolate ...
“But it’s a pretty big hole to climb out of.” Last Valentine’s Day, the price of cocoa on the futures market broke a 47-year record. It has doubled since then. The financial rollercoaster ...
Lindt & Sprungli is planning to sidestep the effects of the tariff war between Trudeau and Trump by supplying Canada ...
Meanwhile, the price of a 10.8-ounce bag of milk chocolate Hershey's Kisses rose to $5.49 today from $4.89 in January 2024, a 12% increase, according to Retail Brew. Cocoa is a key ingredient in ...
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