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Cooling and declining cocoa prices have created a double-top for DBA. Demand for chocolate is shifting due to high prices, with slower growth in chocolate sales and increased substitutional ...
Cocoa futures fell to the lowest in two weeks as a pickup in deliveries of beans to ports in Ivory Coast, the world’s biggest grower, helped ease tight supplies. Bean arrivals at ports in the ...
they will have to accept lower sales volumes or change recipes to include less cocoa (i.e. by using more cocoa butter substitutes). All of these are already happening due to cocoa prices hitting ...
Cocoa prices are soaring, causing companies to shift gears away from chocolate sweets this candy-centric season. Cocoa prices are soaring, causing companies to shift gears away from the sweets ...
People in Colombia consume much of the crop, and it also generates more than $13 million in annual exports from the cacao beans, and cocoa, the processed form. Yet Colombia’s cacao beans often ...
That’s because cocoa prices have more than doubled since the start of the year and have remained at record highs, according to Wells Fargo data shared with CNN. The surging prices have caused ...