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Cocoa (May'23)

Candy makers face steep cocoa prices, get creative

by Anas Siddiqui
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 …

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Why the price of chocolate’s key ingredient skyrocketed in 2024

by Walter Watson
Why the price of chocolate’s key ingredient skyrocketed in 2024

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 …

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Big change in global growth is bullish for commodities: VanEck CEO

by Walter Watson
Big change in global growth is bullish for commodities: VanEck CEO

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 …

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Cocoa prices hit $10,000 per metric ton for the first time ever

by Walter Watson
Cocoa prices hit ,000 per metric ton for the first time ever

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 …

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Cocoa prices just hit a record high. Here’s what’s driving the gains and what it means for chocolate makers

by Walter Watson
Cocoa prices just hit a record high. Here’s what’s driving the gains and what it means for chocolate makers

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 …

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Lovers of sweet treats could be hit by rising sugar prices

by Walter Watson
Lovers of sweet treats could be hit by rising sugar prices

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 …

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