Cocoa futures in New York settled at $9,312 per ton, climbing roughly 3% as prices have more than doubled this year due to weather, disease, and supply issues from Ivory Coast and Ghana. Trading companies are addressing the shortages. Chocoholics are battling rising cocoa prices, with concerns over shortages driving prices to a record high. The market is on edge as Ivory Coast struggles to meet demand, leading to a cocoa frenzy. Cocoa prices have surged due to poor African harvests, with Barry Callebaut reporting lower-than-expected profits. The record prices are impacting chocolatiers globally.
🇬🇧 Record cocoa prices leave a bitter aftertaste for chocolatiers https://t.co/BoBjamzR0E
Profits Hit By Rising Cocoa Prices, Says World's Top Chocolate Supplier https://t.co/gmbTphirKI https://t.co/8UXQb0IJha
Cocoa Extends Gain Back Toward Record High on Global Shortage Prices surged this year on the back of poor African harvests Chocolatier Barry Callebaut signals it’s weathering the crisis https://t.co/594TrdjFeC
Record cocoa prices leave a bitter aftertaste for chocolatiers https://t.co/CW8PsondLM
⚠️ BARRY CALLEBAUT OPERATING PROFIT FALLS DUE TO TRANSFORMATION PLAN Full Story → https://t.co/RyEhJ9Ej4i Barry Callebaut, the world's biggest chocolate maker, reported lower than expected half-year operating profit on Wednesday, hit by one-off expenses caused by its… https://t.co/IsUyPJN6DI
Alert for chocolate lovers! If you have a sweet tooth then know the bitter truth about cocoa prices 6 month price chart ... $3,600 to over $10,400 Supply issues from western Africa (Ghana and Ivory Coast) are causing huge price increases. Trees are being cut down for mining… https://t.co/2XVjdKkwgf
Cocoa does it again as it reaches its highest closing price in history https://t.co/kjphtyJWkI
NOTHING TO SEE HERE Cocoa is up 245% year-over-year... #HFL https://t.co/HVzdOsNBBI https://t.co/Dkeh7uVsD7
Cocoa Climbs as Shortages in Ivory Coast Keep Market on Edge Futures recently hit a record on worries over global deficit Ivory Coast asks buyers to wait for beans amid cocoa frenzy https://t.co/W6HiXpe2sJ
Cocoa climbed amid persistent concerns over shortages that have roiled the market and driven prices to a record high https://t.co/c42zjVELky
Alert for #chocolate lovers! If you have a sweet tooth then know the bitter truth about cocoa prices https://t.co/Z7mnnuqWqF https://t.co/RsBJlmemTE
#Opinion | How Chocoholics Are Battling Rising Cocoa Prices - by Bharti Mishra Nath (@BhartiNath2) https://t.co/AhKHfBec45 https://t.co/gfOHZg4Lcx
Cocoa futures in New York settled at $9,312 per ton on Friday, climbing roughly 3% Cocoa prices have more than doubled this year to a record as extreme weather, disease & structural issues have hurt supplies from Ivory Coast & Ghana Trading companies are working with new… https://t.co/IxNWGBMvNg