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Category cocoa

Cocoa crisis deepens as Halloween chocolate prices soar across the US

Cocoa crisis deepens as Halloween chocolate prices soar across the US

The scariest part of Halloween this year is not the costumes or the haunted houses, but the price of chocolate. Across the United States, the cost ...
Hershey shares jump 3% after Goldman Sachs double upgrade

Hershey shares jump 3% after Goldman Sachs double upgrade

Hershey shares surged 3% in premarket after Goldman Sachs issued a rare double upgrade on the chocolate maker, raising its rating to buy from sell ...
Why are cocoa prices falling sharply as market approaches year’s low

Why are cocoa prices falling sharply as market approaches year’s low

On Friday, the price of cocoa on the Intercontinental Exchange (ICE) in New York experienced a significant drop, falling below the $7,500 per ton t...
US provisionally agrees to exempt key Indonesian exports from tariffs

US provisionally agrees to exempt key Indonesian exports from tariffs

Indonesia’s chief tariff negotiator announced on Tuesday that the United States has provisionally agreed to exempt Indonesian exports of cocoa, pal...
Roasted Bitcoin? Cocoa Rises as the Best Investment of 2024

Roasted Bitcoin? Cocoa Rises as the Best Investment of 2024

Cocoa, an unlikely commodity, has become the best-performing asset of 2024, surpassing bitcoin, the U.S. stock market, and other commodities such a...