Stocks of cocoa in London and New York have plunged ... warned that would-be buyers had little alternative if exchange warehouse inventory had been depleted. “The only way to get cocoa is ...
These factors have led investors to look at some of the top cocoa stocks to sell. Source: George Sheldon / Shutterstock.com Since topping out mid-2023 at around $270, Hershey (NYSE:HSY ...
The price of cocoa has been hitting all-time highs this year as bad weather hurts crops. Institutional investors can buy cocoa futures to bet on cocoa, while retail investors have more limited ...
Cocoa, like other commodities, can serve as a portfolio diversifier because prices don't necessarily correlate to those of stocks and bonds. The weather in Ivory Coast might cause cocoa prices to ...
ICCO projected a 2023/24 global cocoa stocks/grindings ratio of 27.0%, a 46-year low. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the ...
Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
Shares in chocolate and snacks maker Mondelez International (MDLZ) were looking less appetizing today after several analysts served up downgrades on its stock. High Cocoa Prices Remain a Concern ...
(MENAFN- Yolo Wire) The stock of chocolate maker %HersheyCo (NYSE: $HSY) has been downgraded as rising %Cocoa prices continue to impact the company and its outlook ...
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