With cocoa prices at 50 year high, how experts see the state of chocolate
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 weather woes that spurred a spike in coffee prices -- have driven up cocoa prices,
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Is 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 ...
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 ...
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