Cocoa Surge
(Source: Reuters: Health)
Source: Reuters: Health - March 30, 2024 Category: Consumer Health News Source Type: news
Tony ’s Chocolonely is one of the world’s fastest growing chocolatiers. But its boss says selling chocolate isn’t the main goal
Tony’s Chocolonely had an unusual start to life. It all began when Dutch journalist Teun van de Keuken, or “Tony,” turned himself in for being a “chocolate criminal” in 2003. His crime? Paying for chocolate that used exploitative practices along the cocoa value chain. After a trial, he wasn’t…#dutch #teunvandekeuken #ireland #bengreensmith #fortune #netherlands #galaxy #lindt #cadbury #tonys (Source: Reuters: Health)
Source: Reuters: Health - March 30, 2024 Category: Consumer Health News Source Type: news
Extortionate Easter eggs and shrinking sweets: fears grow of a ‘chocolate meltdown’
Around the world this holiday weekend, people will consume hundreds of millions of Easter eggs and bunnies, as part of an annual chocolate intake that can exceed 8kg (18lb) for every person in the UK, or 5kg in the US and Europe. But a global shortage of cacao – the seed from which chocolate is…#easter #cacao #westafrica #ghana #ivorycoast #elniño #nestlé #kitkat #hedge #amourlayetouré (Source: Reuters: Health)
Source: Reuters: Health - March 30, 2024 Category: Consumer Health News Source Type: news
Bad news, chocolate lovers: Cocoa prices have risen faster than bitcoin
Cocoa prices are going nuts: The bean is now more valuable than several precious metals and has surged faster than even bitcoin. After cocoa passed the all-time record it hit in 1977 of $5,400 per metric ton, right before Valentine's Day – melting not just hearts but also wallets – one of the…#westafrica #easter #ivorycoast #ghana #johnament #mars #kitkats #hershey #akitkat #nestle (Source: Reuters: Health)
Source: Reuters: Health - March 29, 2024 Category: Consumer Health News Source Type: news
Lots More on the Parabolic Surge in Cocoa Prices
(Source: Reuters: Health)
Source: Reuters: Health - March 29, 2024 Category: Consumer Health News Source Type: news
Cocoa Prices Consolidate Below Tuesday's Record Highs
this morning is down -112 (-1.14%), and May ICE London cocoa #7 (CAK24 ) is up +35 (+0.43%). Cocoa prices this morning are mixed as prices consolidate below Tuesday's all-time highs. Today’s rally in the dollar index to a 6-week high fueled some long... (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news
It's a bittersweet Easter for chocolate lovers and African cocoa farmers but big brands see profits
Shoppers may get a bitter surprise in their Easter baskets this year. Chocolate eggs and bunnies are more expensive than ever as changing climate patterns eat into global cocoa supplies and the earnings of farmers in West Africa. About three-quarters of the world’s cocoa — the main ingredient in…#easter #westafrica #cacao #ghana #ivorycoast #nigeria #cameroon #sahara #hersheycompany #toblerone (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news
Hershey Has a Cocoa Problem. Buy the Stock Anyway
(Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news
" Not So Transitory " : Hershey Hit With Downgrade As Cocoa Crisis Hyperinflates Prices
"Not So Transitory": Hershey Hit With Downgrade As Cocoa Crisis Hyperinflates Prices Cocoa futures in New York reached a new record high this week, exceeding $10,000 per metric ton. Since the start of the year, prices have surged 150%. It smells like hyperinflation. At the start of February, candy…#notsotransitory #hersheyco #hershey #bnpparibas #maxgumport #gumport #westafrica #eps #tylerdurden (Source: Reuters: Health)
Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news
Cocoa breaks $10,000 a tonne as shortages squeeze'out of control' market
(Source: Reuters: Health)
Source: Reuters: Health - March 26, 2024 Category: Consumer Health News Source Type: news
Cocoa briefly surged above $10,000
(Source: Reuters: Health)
Source: Reuters: Health - March 26, 2024 Category: Consumer Health News Source Type: news
Stocks Extend Slide from Recent Records
Investors rode a sugar high in Krispy Kreme shares and cocoa contracts.#krispykreme (Source: Reuters: Health)
Source: Reuters: Health - March 26, 2024 Category: Consumer Health News Source Type: news
Cocoa prices are rising so fast they are outpacing bitcoin
Cocoa prices have nearly doubled in 2024 and are outpacing bitcoin in the last 12 months. • Hershey and Cadbury have both said consumer price hikes are possible. Cocoa prices are so high that parents might wish to use their Easter chocolate as a tax write-off this year. Cocoa prices were already…#cadbury #cocoa #easter #hershey #westafrica #michellebuck (Source: Reuters: Health)
Source: Reuters: Health - March 24, 2024 Category: Consumer Health News Source Type: news
Cocoa prices are rising so fast they are outpacing bitcoin
Easter candy. Getty Images Cocoa prices have nearly doubled in 2024 and are outpacing bitcoin in the last 12 months. Rising cocoa costs may drive up Easter chocolate prices. Hershey and Cadbury have both said consumer price hikes are possible. Cocoa prices are so high that parents might wish to…#gettyimagescocoa #hershey #cadbury #cocoa #easter #westafrica #michellebuck (Source: Reuters: Health)
Source: Reuters: Health - March 23, 2024 Category: Consumer Health News Source Type: news
Easter Egg Price Hikes Are Just the Start As Cocoa Soars
(Source: Reuters: Health)
Source: Reuters: Health - March 23, 2024 Category: Consumer Health News Source Type: news
