Hosted on MSN1mon
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.
Cocoa prices rose to record highs last year amid a global supply shortage. Chocolate makers have raised their retail prices to compensate.
17d
Barchart on MSNIs the Rally in Cocoa Running Out of Upside Steam?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 ...
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 1 ...
Roses are red, violets are blue, chocolate is rich -- and more expensive now too. Crushing diseases that purged cocoa crops in West Africa, combined with a difficult growing season -- similar to the ...
Cocoa prices today are plunging, with NY cocoa posting a 1-month low and London cocoa posting a 5-week low. Cocoa prices are retreating today after major chocolate maker Mondelez International ...
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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results