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 ...
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 ...
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 ...
Futures prices for the commodity were up almost 6% in Thursday trading to nearly $10,700 a metric ton. They’re having a better year than Bitcoin, up more than 150% this year. datawrapper-chart ...
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.
Global prices for cocoa and coffee are surging as severe weather events hamper production in key regions, raising questions from farm to table over the long-term damage climate change could have ...
May ICE NY cocoa (CCK24) on Wednesday closed up +97 (+0.95%), and May ICE London cocoa #7 (CAK24) closed up +195 (+2.26%). Cocoa prices posted moderate gains Wednesday as they consolidated below ...
May ICE NY cocoa (CCK24) on Thursday closed down -62 (-0.65%), and May ICE London cocoa #7 (CAK24) closed down -130 (-1.65%). Cocoa prices Thursday retreated for a second day and posted 1-1/2 week ...
Higher cocoa prices are affecting companies across the board, including dairy major Amul, ice cream brand Baskin Robbins, snacking and cereal company Kellanova, and others. Amul is looking to hike ...
Good chocolate, I’ve come to learn, should taste richly of cocoa—a balanced blend of bitter and sweet, with notes of fruit, nuts, and spice. My favorite chocolate treat is nothing like that.