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 ...
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 ...
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 ...
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 ...
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 ...
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.
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 ...
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 ...
Virginijus Sinkevicius, European Commissioner for Environment, Oceans and Fisheries, and Francesca Di Mauro, ambassador of the European Union visit a cocoa-producing cooperative in Agboville ...
Cocoa futures rallied for a fifth day as expected tighter supplies in the coming months push prices to near record levels. The most active contract in New York rose as much as 2.9%. Prices also ...