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 ...
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 ...
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 ...
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 ...
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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 ...
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.
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 futures prices have rallied sharply over the past year. And the rally has really heated up over the past 3 months. Today we look at a “monthly” chart of Cocoa to highlight this rare and sharp ...
Like the rest of inflation data, grocery prices are coming in hotter after slightly moderating last year. The cost of groceries remained flat in March and is up 1.2% year over year, according to the ...