ZURICH: 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. In the first half of its ...
Chocolate prices are set to rise and and ice creams and cakes may not be too far away either. The villain is none other than the skyrocketing cocoa price. Who does not like a chocolate bar after ...
Following the recent launch of Season 3, Call of Duty: Modern Warfare 3 achieves its highest Steam peak player count for 2024 so far. Call of Duty: Modern Warfare 3 is testing the return of a ...
Extreme weather has disrupted cocoa production, sending prices skyrocketing. So what are candy makers doing to cope? Master Chocolatier and Jacques Torres Chocolate Founder and CEO Jacques Torres ...
(Pixabay) Weighed down by rising cocoa prices, chocolate majors are planning to raise prices – by 15% in some cases – over the next two to three month. Some like The Whole Truth (TWT), a ...
Unsurprisingly, some chocolate makers are struggling to afford cocoa, which has risen in price by 400% in a year. The cocoa sector is in crisis. Plagued by crop losses, cocoa is now trading at an eye ...
So it would be natural to expect the price of chocolate to soar, and to expect cocoa growers to get more. But, as surprising as it seems, my calculations suggest neither is likely, although we can ...
Since the start of this year, the price for cocoa traded on the futures exchange has doubled, climbing from US$4,275 a ton to US$9,481 after earlier hitting an all-time high of US$10,274.
In fact, we've stumbled across an offer that sees a massive box of luxurious chocolate truffles on sale with an ... racking up an impressive 4.3 star-review out of five. One shopper said: "Lovely ...
The Hershey Co. expects record-high cocoa ... in chocolate," said Mondelez International CEO Dirk Van de Put. Sugar is rising as well, but the ingredient ate up less than 3.4 cents, or 2%, of ...
While discount Easter candy is clearing the shelves, chocolate lovers may soon find their sweet treat turning into a luxury item. As cocoa prices surge drastically this year, concerns are on the ...
The pinch will also be felt by chocolate processors and their workers. Plants in Ghana have been closed intermittently because of supply shortages. Major cocoa processors Barry Callebaut AG and ...