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Cocoa tops commodity charts in 2024 as oil and steel face strugglesThis 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 supply concerns.
THE cocoa industry is currently navigating a complex landscape marked by fluctuating prices, supply challenges, and evolving ...
Cocoa prices today are mixed. Today's rally in the dollar index to a 3-week high (DXY00) undercut NY cocoa prices. However, London cocoa is higher after the British pound (^GBPUSD) fell to a ...
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 ...
The price of cocoa hit a record high in December, reaching $10.32 per kilogram. But rather than levelling out, or even declining, the price has continued to rise, reaching $10.75 per kilogram on ...
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