Tuesday closed up +417 (+4.29%), and March ICE London cocoa #7 (CAH25) closed up +261 (+3.35%). Cocoa prices rallied sharply ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Cocoa prices expected to remain firm due to weather conditions, with concerns over supply deficits driving up prices.
ICCO projected a 2023/24 global cocoa stocks/grindings ratio of 27.0%, a 46-year low. Stronger cocoa exports from Nigeria, the world's sixth-largest producer, are also bearish for prices.
Shoppers buying chocolate in supermarkets are being warned to brace for higher prices due to climate change. Ghana and Ivory ...
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
ICCO projected a 2023/24 global cocoa stocks/grindings ratio of 27.0%, a 46-year low. A bearish factor for cocoa is the concern that high prices are causing demand destruction for cocoa.
Monday closed down -304 (-3.03%), and March ICE London cocoa #7 (CAH25) closed down -117 (-1.48%). Cocoa prices fell sharply ...