The market has been trying to assess the reasoning behind Hershey's request, which equates to about 5,000 20-foot containers. That's more than nine times the amount the exchange allows.
Thursday closed up +474 (+4.53%), and March ICE London cocoa #7 (CAH25) closed up +289 (+3.39%). Cocoa prices rallied sharply ...
ICE NY cocoa (CCH25) today is up +466 (+4.46%), and March ICE London cocoa #7 (CAH25) is up +287 (+3.37%). Cocoa prices today ...
Hershey Co.’s decision to stockpile cocoa from the exchange instead of the physical market helps hedge against potential ...
Hershey faces challenges, including record-high cocoa prices and potential demand impacts from weight loss drugs. Click here ...
Hershey (NYSE:HSY) shares dropped 2.8% in afternoon trading Wednesday amid reports from Bloomberg News that the company is seeking regulatory approval to significantly increase its cocoa purchases ...
Could cultivating wild cocoa help us produce great chocolate ethically? A stirring account reveals the problems of trying to ...
Bad weather, failed government policies and a fast-spreading virus are reducing output from the world’s top cocoa-growing ...
The price increase comes after cocoa futures doubled in late 2024, putting pressure on food makers already paying more for ...
Singaporean food tech startup Prefer, known for its beanless coffee, is adding cocoa-free chocolate to its climate-friendly ...