A cocoa bean shortage in Africa is causing concern around the world about the ability to import the beans to make the ...
The ICE July cocoa contract at one point early Tuesday had plunged 12.5% to $7,812 a metric ton, adding to a 15.7% loss on ...
THIS STORY BEGINS WITH A COCOA ... THAT THOSE PRICES ARE GOING TO COME. THOSE INCREASES WON’T JUST IMPACT SALES. AT HIS MAIN STORE ON PENN AVENUE, HE OWNS 16 GRANDPA JOE’S CANDY SHOPS ACROSS ...
Given cocoa makes up anything from about 30 per cent of a milk chocolate bar – and 85 per cent or more of dark chocolate – ...
After starting the year on a tear that put the fear of God in Easter baskets everywhere, cocoa prices are backing sharply off ...
Hershey Co. (NYSE:HSY) is set to report first-quarter financial results on Friday, May 3, before the market opens. Here are ...
From the archives (March 2024): Could a looming chocolate crisis shake Easter after cocoa prices doubled ... production news from the big growers impacting cocoa, it was likely that once ...
Glenn Dyer has been a finance journalist and TV producer for more than 40 years. He has worked at Maxwell Newton Publications, Queensland Newspapers, AAP, The Australian Financial Review, The Nine ...
Some Lindt and Green & Black’s dark chocolate bars are already 32 per cent more expensive than they were last April. Own ...
LONDON: As the Easter holidays approach, higher cocoa prices mean shoppers are paying far more for their chocolate eggs and bunnies. But that’s just the tip of the iceberg. Higher prices in ...
with Americans forecast to spend more than US$5bil on candy this Easter season. But this year, consumers will be paying more for less as cocoa costs continue to surge. Not only are prices higher ...
adding that the price increase will depend on the percentage of cocoa in the product. The price impact on a plain chocolate bar, for example, will be great. For others, the impact will more forgiving.