Hershey now expects 2025 earnings to deteriorate, reflecting higher sourcing prices for cocoa. Learn why HSY stock is a Hold.
I asked if cocoa futures prices were running out of upside steam in a January 28, 2025, Barchart article. I wrote: Commodity markets experience price cyclicality over time. Prices ...
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Is the Rally in Cocoa Running Out of Upside Steam?Cocoa consolidates in early 2025 Nearby ICE cocoa prices were modestly higher from the 2024 closing level in early 2025. The chart shows that the daily ICE March cocoa futures price moved 2.7% ...
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Cocoa prices flirt with $10K, making chocolate more expensiveCocoa prices extended a torrid rally, briefly setting a new record above $10,000 in a move that makes sweet treats pricier for consumers and chocolate makers alike. Driving the news: A convergence ...
Cocoa prices today are mixed. Today's rally in the dollar index to a 3-week high (DXY00) undercut NY cocoa prices. However, London cocoa is higher after the British pound (^GBPUSD) fell to a 1 ...
The soaring price of cocoa over the past year has pushed up the cost of chocolate, leading candy companies and consumers to lean toward other options this Halloween. Ritz has announced a new ...
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