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Cocoa Prices Are Soaring. Candy Makers Will Need to Get Creative
Cocoa prices have been soaring this year, hitting record highs and causing headaches for candy companies. While hedging contracts protect the likes of Hershey and Mondelez for now, high cocoa prices could change how they think about innovation. Food companies will likely be reluctant to raise prices given current consumer pushback on the last two years' price hikes.
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Mondelēz 2023 Snacking Made Right Report: Letter From Chief Impact & Sustainability Officer
Christine Montenegro McGrath, SVP, Chief Impact & Sustainability Officer, Mondelēz InternationaNORTHAMPTON, MA / ACCESSWIRE / June 13, 2024 / With 2030 on the horizon and 2025 quickly approaching, I'
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daniel woods868 : stop
VJong_基金顧问 : Can we trade in MooMoo platform ?
BelleWeather : If one doesn’t have ethical qualms, HSY might be a good investment here. Stock is down and the cocoa prices are hurting the company. When the reserves are unlocked, cocoa prices will go down and HSY will benefit, likely later this year.
Lynette Page : There are so many people who have to have a chocolate fix. I'm one of them. Sounds like an investment opportunity to me.
73607541 : how fast will they go up if they go up
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