Rising cocoa prices make chocolate makers and patrons bitter
Many would-be Valentine's Day shoppers are arriving at stores to the surprising news of chocolate prices that are up 20% compared to last year. It's all due to rising cocoa prices, in part because more cocoa manufacturers are paying workers better wages.
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Record-breaking cocoa prices have left a bitter taste for candy companies, but Pennsylvania-based Hershey said it booked a ...
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will ...
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