Cocoa breaks $10,000 record, with pricier chocolate to follow
Focus is now turning to West Africa's upcoming mid-crop, the smaller of 2 annual harvests
Source: gulfnews.com
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Top News In Hershey Co Today - Breaking & Trending Today
Hershey 'Shrinkflation': Chocolate Makers' Cost Chaos As Cocoa Reaches $10,000 Per Metric Ton - Mondelez International (NASDAQ:MDLZ), Hershey (NYSE:HSY)
The chocolate industry looks a bit hairy in the run-up to Easter. In just 50 days, the price of cocoa doubled.
Source: benzinga.com
Cocoa breaks $US10,000 record, with pricier chocolate to follow
The market is being rattled by poor crops in key West African growers that has put the world on course for a third straight annual supply deficit.
Source: afr.com
U.S. Major Averages Attempt to Extend Record-Setting Market Rally
Fundamental data and tools for long term investing, research and analysis for U.S. stocks, economy and indexes.
Source: ticker.com
Hersey Stock (HSY) Downgraded by BNP Paribas Exane Amid Cocoa Price Surge
Hershey Co. was downgraded at BNP Paribas Exane to neutral from outperform on Tuesday, citing the recent surge in cocoa prices that suddenly looks less transitory in nature.
Source: bloomberg.com