The extent of supply issues for a key ingredient means that prices are unlikely to return soon to the levels chocolate makers ...
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Hosted on MSNCocoa Prices Fall Back After This Week's RallyICE NY cocoa (CCH25) on Friday closed down -222 (-2.14%), and March ICE London cocoa #7 (CAH25) closed down -156 (-1.91%).
Cocoa production has been hammered in back-to-back crop years due to weather and crop conditions,. forcing many manufacturers ...
Thursday closed up +375 (+3.75%), and March ICE London cocoa #7 (CAH25) closed up +164 (+2.05%). Cocoa prices rallied sharply ...
Cocoa prices rose to record highs last year amid a global supply shortage. Chocolate makers have raised their retail prices to compensate.
Rising temperatures and shifting rainfall patterns in West Africa, which supplies around 70% of the world's cacao, are ...
Rising chocolate prices will hurt demand this year, resulting in a smaller than anticipated supply shortfall, according to ...
Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
Conoco Phillips said fourth-quarter net income declined alongside energy prices but the oil giant forecast production growth in 2025 while signaling a more aggressive dividend and share-buyback ...
Hershey announced better-than-expected earnings despite rising raw material costs, driven by robust pricing strategies and ...
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's ...
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