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Hershey, Mondelez See Cocoa Prices Detached From Fundamentals

Hershey, Mondelez See Cocoa Prices Detached From Fundamentals
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Cocoa Tops $7,000 a Ton as Chocolate Makers Hike Prices, Shrink Packages

(Bloomberg) Cocoa futures rose to a fresh intraday record, topping $7,000 in New York for the first time, as supply concerns drive a rally that shows no sign of offering relief for chocolate makers.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapOne of the Most Infamous Trades on Wall Street Is Roaring BackUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full

Cocoa Set for Biggest Monthly Gain in Two Decades on Crop Fears

Cocoa Set for Biggest Monthly Gain in Two Decades on Crop Fears
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Cocoa Set for Biggest Monthly Gain in 22 Years on Crop Fears

(Bloomberg) Cocoa headed for the biggest monthly advance in more than two decades in New York on the back of mounting supply fears that threaten to push prices of the key chocolate ingredient even higher.Most Read from BloombergHow Much Wealth You Need to Join the Richest 1% Around the WorldApple to Wind Down Electric Car Effort After Decadelong OdysseyFed’s Preferred Inflation Metric Increases by Most in a YearBonds Climb After ‘No New Bad News’ on Inflation: Markets WrapSingapore’s Richest

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