Why cocoa prices spiked, and what it means for chocolate lovers
A STEADY rise in the price of cocoa beans over two years skyrocketed in March, with futures contracts more than ...
Tag: cocoa
Hershey hit with downgrade as cocoa prices touch record
HERSHEY was downgraded at BNP Paribas Exane to neutral from outperform on Tuesday (Mar 26), citing the recent surge in ...
Swiss chocolatiers bank on the Easter bunny as cocoa costs soar
SWISS chocolatiers have a battle on their hands as Easter rolls around, with surging cocoa prices sending their costs soaring ...
Cocoa powers toward US$10,000 as shortages drive relentless rally
COCOA climbed near an unprecedented US$10,000 a ton in New York as a global shortage rattles the market and raises ...
Cocoa processor Blommer to close Chicago chocolate factory
COCOA processor Blommer Chocolate will close its Chicago chocolate factory as the aging facility is no longer reliable. The company, ...
Brokers’ take: RHB cuts Delfi target on narrowing margin amid cocoa price hikes
RHB has lowered its target price for chocolate confectioner Delfi to S$1.33 from S$1.55 after trimming earnings forecasts. Despite staying ...
Hershey says ‘historic’ cocoa inflation could push prices higher
COCOA prices are climbing fast, and Hershey Co may continue raising prices to keep up. Prices for the all-important ingredient ...
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