March ICE NY cocoa ... cocoa bean grindings fell -1.2% y/y to 102,761 MT. Stronger cocoa exports from Nigeria, the world's sixth-largest producer, are also bearish for prices.
Shares of retail coffee chain Starbucks (SBUX) are down as the price of Arabica coffee beans hits an all-time ... ongoing impacts of record prices for cocoa, the main ingredient in chocolate.
Prices of beans- Nigeria’s cheapest protein source has declined by 37 percent as farmers of the legume recorded bumper harvest. The average price of 100kg bag of beans sells for N190,000 as against ...
March ICE NY cocoa ... cocoa bean grindings fell -1.2% y/y to 102,761 MT. Stronger cocoa exports from Nigeria, the world's sixth-largest producer, are also bearish for prices.
Cocoa prices are expected to decline by nearly a third by year-end due to increased supply and reduced demand. Traders forecast London cocoa prices to fall to 5,500 pounds per metric ton. Improved ...
Jakub Porzycki / NurPhoto via Getty Images Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa. The company also cut selling ...
Record-breaking cocoa prices have left a bitter taste for candy companies, and show why derivatives markets can offer some relief. Pennsylvania-based Hershey said it booked a $460 million pretax ...