Candy makers face steep cocoa prices, get creative
Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Ferley Ospina | Bloomberg | Getty Images …
Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Ferley Ospina | Bloomberg | Getty Images …
Chocolate’s key ingredient has soared in commodities markets throughout 2024. Spot prices for cocoa began the year around $4,200 an ounce, then hit an all-time high of more than $12,000 …
Investors should consider commodities due to a “big change” involving international expansion, according to VanEck CEO Jan van Eck. “The world economy started growing again,” van Eck told CNBC’s “ETF …
Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on Nov. 14, 2023. Sia Kambou | Afp | Getty Images …
If you think chocolate prices this Valentine’s Day were more expensive than usual, it’s not you. The price of cocoa , the key commodity used in chocolate, hit a record …
Sugar for sale at a supermarket in Yichang City, in China’s Hubei province, on April 6, 2023. Future Publishing | Future Publishing | Getty Images A mammoth rally in 2023 …