Adverse weather conditions have increased the price of cocoa, placing pressures on chocolate manufacturers that will most likely be passed on to consumers.
(Bloomberg) Valentine’s Day is far from sweet for the world’s largest chocolate makers.Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereDip Buyers Emerge After Wall Street’s CPI-Led Rout: Markets WrapMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillLyft’s CEO Says ‘My Bad’ on Margin Error, ‘It Was One Zero’Israel Pulls Out of Peace Talks Over ‘Delusional’ Hamas DemandsCocoa prices have climbed to a record, and with traders now weighing whether West Africa h
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