It's not your imagination if you've noticed the price of chocolate seems steeper than usual. Cocoa is currently facing supply and demand issues on a global scale, causing chocolate prices to ...
Cocoa has reached a record high as global supply constraints push prices steadily higher. The main ingredient in chocolate is currently trading at $10,030 U.S. per metric ton, the first time the ...
For those in the sweets business, this month may look a bit bitter. Cocoa prices hit an all-time high on Monday, and today brought more woes, as the production of vanilla suffered a significant ...
With soaring prices of cocoa, chocolate manufacturers worldwide are either planning to increase chocolate prices or already have increased. With soaring prices of cocoa, chocolate manufacturers ...
ZURICH, Switzerland — Barry Callebaut, the world’s biggest supplier of chocolate to the food industry, said Wednesday that the surge in global cocoa prices had chipped away at profits.
Inflation is messing with our chocolate. This spring — the season of edible Easter bunnies and Cadbury eggs — has been a drain on the bank accounts of America’s chocoholics. Splurges have ...
Your favorite sweet treat is probably going to cost more for a while. Global cocoa prices are surging this year thanks to extreme weather conditions in West Africa, the largest producer of cocoa in ...
Spot prices are stuck at record levels because of producers’ fears of running out of good-quality beans. Photo / 123RF Supply disruptions have sent cocoa bean prices to remarkable heights this year.
MAJOR African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, meaning chocolate prices around the world are ...
Chocolate’s key ingredient had its biggest-ever daily price jump in the futures market, rising $969 a metric ton Thursday to close at a new record of $11,035. Cocoa futures cost nearly quadruple ...
Cocoa prices have been on a tear this year and the rally may have even more room to run as bean shortages persist. Futures will continue to trade at increasingly higher levels, according to nine ...