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Cocoa prices have been soaring — and that could drive chocolate prices higher. ... Ivory Coast, on February 23, 2023. Christophe Gateau/dpa/picture alliance/Getty Images.
Cocoa prices have surged to unprecedented levels as climate change wreaks havoc on West African crops, creating the world's ...
Cocoa rose 72% in 2023 to 46-year high on supply disruptions; Iron ore gains driven by Chinese purchases, stimulus hopes; El Nino dry weather reduced global rice supplies, lifting prices ...
ICE NY cocoa (CCU25) today is up +61 (+0.76%), and September ICE London cocoa #7 (CAU25) is down -38 (-0.72%) Cocoa prices ...
Russia’s invasion of Ukraine may have started the cocoa price climb, but now, weather patterns are sending it higher. Around 75% of all cocoa is produced by just four countries in West Africa ...
Cocoa prices have increased significantly for chocolate manufactures, as producers navigate weather-related agricultural ...
Retail chocolate prices rose 11.6% across all of 2023, according to Circana data shared with CNN, outpacing the 3.4% annual rise in the overall Consumer Price Index, a common measure of inflation.
This price is more than double what cocoa was trading for in January, as it fell just below $4,200, and almost five times more than what it was in March 2023, as prices topped out at $2,927 ...
Sweet Easter baskets will likely rise due to near-record-high cocoa prices. This Easter, ... Futures for a pound of sugar are up about 8% in 2024, after rising 2.7% in 2023.