CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment
CGS International (CGSI) has downgraded its recommendation on chocolate confectioner Delfi to “hold”, from “add” previously, and slashed its target ...
Tag: cocoa
Nestle sales rise on price hikes for coffee, cocoa products
Nestle’s sales rose as the maker of Nespresso and KitKat candy bars increased prices to counter soaring costs for coffee ...
Cocoa prices swing as supply worries persist
THE cocoa industry is currently navigating a complex landscape marked by fluctuating prices, supply challenges, and evolving market dynamics. Recent ...
Cocoa market stands at crossroads in volatile market
THE cocoa market in 2024 has been a rollercoaster ride, marked by record highs, sharp declines, and underlying challenges that ...
Tight supply expected to provide support for cocoa, coffee prices in 2025
The agri-commodities have been drastically impacted by this year’s El Nino phenomenon, the most severe in nearly a decadePRICES of ...
Cocoa prices help Ivory Coast win credit upgrade from S&P
HIGHER prices for cocoa and rising exports helped Ivory Coast win a credit rating upgrade from S&P Global Ratings, which ...
Cocoa climbs as traders focus on crop prospects in West Africa
COCOA futures in New York rose to the highest price since late July, breaking out of last week’s largely rangebound ...
Cocoa hits four-month low on prospects of weak demand, supply boost
COCOA futures fell to the lowest in more than four months as traders weigh improved supply in the next season ...
Cocoa declines as Lindt warns of global chocolate slowdown
COCOA fell in New York, paring some of Monday’s (Jul 22) big gain, as chocolate maker Lindt & Spruengli warned ...
KitKat maker sees chocolate demand ebbing as cocoa costs creep in
CONSUMERS will probably cut back on chocolate as this year’s historic cocoa rally gradually trickles down to manufacturers and forces ...
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