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Barry Callebaut cut its volume guidance for the third time this year on Thursday as high cocoa prices and uncertainty related ...
(Reuters) -Swiss chocolate maker Barry Callebaut lowered its annual volume guidance on Thursday due to what it described as ...
Cocoa prices have sold off over the past month on signs of higher global cocoa production, with NY cocoa posting a 2.5-month low Monday and London cocoa posting an 8-month nearest-futures low.
September ICE NY cocoa Thursday closed down -317 (-3.78%), and September ICE London cocoa #7 closed down -248 (-4.57%)Cocoa prices on Thursday posted sharp losses due to concerns about cocoa demand.
As cocoa prices continue to fluctuate due to climate-related droughts and supply shortages, brands are looking at every ...
ICE NY cocoa (CCU25 ) today is down -91 (-1.09%), and September ICE London cocoa #7 (CAU25 ) is down -125 (-2.20%). Cocoa ...
As Hershey and other confectionery giants continue to navigate higher costs, startups and ingredient suppliers are looking to ...
Chocolate makers were already grappling with record prices for cocoa butter, which provides that melt-in-your-mouth feel. Now ...
The market is in contango with higher futures prices until September 2026, so traders are betting on higher prices in the ...
"Cocoa isn't exempt from issues affecting manufacturers and tariffs because we don't grow any cocoa domestically," Baker said ...
West African cocoa production is expected to decline by 10% in the 2025/26 season despite improved weather. Factors such as ...
Barry Callebaut also lowered its operating earnings target, saying they would rise by a mid to high single-digit percentage ...