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.
Cocoa price surges 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 ...
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 ...
Kids trick-or-treating this Halloween may find less chocolate in their bags. Sky-high prices for cocoa, a key ingredient in chocolate products, mean confectioners are switching to non-chocolate ...
Cocoa prices today 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 ...
Cocoa prices today added to this week's losses and fell to 2-month lows. Cocoa prices are under pressure this week on signs of slowing cocoa demand. Chocolate maker Hershey said Thursday that ...
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 ...
Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's why cocoa prices are a near-term issue, but are highly unlikely to derail Hershey over the long term.
From a technical perspective, cocoa prices are consolidating within a triangle formation on the daily chart. The upward green trend line coincides with the 50-day moving average of US$10,173 per tonne ...
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 ...
The stock fell 5% at 5:54 p.m. in after-hours trading in New York. Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive Officer ...