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cocoa Archives - ViewusGlobal

#cocoa (2 Posts)

  • Cocoa Prices Hit Record High, Surpass Copper and Bitcoin The price of cocoa, the primary ingredient in chocolate, has reached an all-time high, surpassing the $9,000 mark for the first time. This surge is attributed to concerns of supply shortages due to reduced production caused by climate change. According to Bloomberg, on the 25th (local time), cocoa futures traded in New York closed at […]
  • Mondelez Resilient in Face of Price Hikes: Sales Stay Strong American confectionery company Mondelez (MDLZ) continues to see steady sales despite price increases. Mondelez has implemented price hikes in key regions such as Europe and Latin America. However, the company is believed to be defending against a decrease in sales volume based on brand loyalty. “The company is proactively responding to offset the cost burden […]

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