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Cocoa has long provided a lifeline in Ivory Coast but adverse weather and plant diseases have hurt harvests in recent years.
Cocoa prices on Tuesday settled moderately lower and added to Monday's losses on signs of weak cocoa demand. Malaysia reported a -15.3% y/y decline in Q1 cocoa processing to 84.192 MT on Monday ...
Ivory Coast, the world’s largest cocoa producer, may raise cocoa prices in response to proposed US tariffs under President Donald Trump. The Trump administration announced tariffs of 21%, the highest ...
Cocoa prices retreated on Monday on signs of weak cocoa demand. Malaysia reported Monday a -15.3% y/y decline in Q1 cocoa processing to 84.192 MT, and Brazil reported a -13% y/y fall in Q1 cocoa ...
Chocolate makers have defended the price premium that Easter bunnies command over similarly-sized chocolate bars. High global cocoa prices have put strain on the industry in the lead up to Easter.
As cocoa prices increase, Barry Callebaut needs to spend more money to retain a similar tonnage in its inventory. The massive impact on the working capital is clearly shown in the cash flow ...
Hershey's stock has dropped 40% due to tripled cocoa prices, but this may present a buying opportunity if cocoa prices stabilize. Cocoa prices surged due to supply issues in the Ivory Coast and ...
The Minority Caucus is calling on the Ghana Cocoa Board (COCOBOD) and the NDC government to stop making excuses and take immediate action to increase the producer price of cocoa. This follows ...
However, because of high cocoa prices and the Trump administration's trade policy, this year has been especially stressful for small businesses in the chocolate industry. "We've been in a state of ...
ZURICH — Barry Callebaut’s efforts to deal with high cocoa bean prices include creating non-cocoa products through precision fermentation and sourcing cocoa from South America. “We are ...
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