Cocoa Prices Double From Start of 2024, Extending Historic Rally

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada Headlines News

Canada Latest News,Canada Headlines

Cocoa futures have doubled in less than three months as a landmark price run-up intensifies, boosting sweet costs for consumers and sending chocolate makers scouring for supply.

Cocoa Prices Double From Start of 2024, Extending Historic RallyEqual education, unequal pay: Why is there still a gender pay gap in 2024?'It’s not tax free': Expert tips for reporting income from side hustlesHow to avoid paying the pink tax on clothes, toys and other everyday itemsTime to shift that parked RRSP contribution into driveAre you getting paid for an extra day of work on Feb.

2 per cent in January: Statistics CanadaThousands of Edmonton city workers expected to strike over contract demandsCanada's slow economy will start to rebound later this year: economistsThe Daily Chase: Dollar Tree trimming stores, Nvidia keeps climbingPoliticians want more competition but supply management still a 'sacred cow'China Appoints Foreign Ministry Spokesman Who Worked in XinjiangHong Kong Security Legislation Nears Vote as Lawmakers to MeetPutin Takes Record Election Win...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alberta chocolatiers feel the pinch as global cocoa prices soarCocoa bean prices are soaring as the world grapples with a supply shortage due to climate change and disease.
Source: CBCCalgary - 🏆 78. / 51 Read more »

Gold prices benefiting from geopolitical uncertainty, silver prices see some profit takingThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

The core PCE price index is expected to double in January month over monthThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Chocolate prices soar just in time for Easter thanks to 'bitter realities'This year's Easter celebrations are set against a backdrop of record-breaking cocoa prices, with everyone from consumers to the entire chocolate industry feeling the pinch.
Source: CTVNews - 🏆 1. / 99 Read more »

'Shrinkflation' in the chocolate industry: What to expect this EasterThis year's Easter celebrations are set against a backdrop of record-breaking cocoa prices, with everyone from consumers to the entire chocolate industry feeling the pinch.
Source: CTVNationalNews - 🏆 82. / 51 Read more »

Fuel prices drop in some Canadian cities, rise in othersThe average cost per litre of regular fuel fell in the Greater Toronto Area, as well as Guelph, Ont., Sudbury, Ont., and North Bay, Ont. The largest decline in the country was in Gatineau, Que., where prices fell by 7.6 cents per litre. It was a different story in Victoria, B.C. where prices climbed 11.6 cents per litre between Feb. 15 and Feb. 22 to $1.769 per litre. According to data firm Kalibrate, the nationwide average price fell 1.6 cents to $1.536. Statistics Canada says lower year-over-year prices for gasoline pushed Canada’s annual rate of inflation down "Year over year, gasoline prices fell 4.0 per cent in January following a 1.4 per cent increase in December, largely due to a base-year effect,". "In January 2023, prices at the pump increased amid refinery closures in the southwestern United States following Winter Storm Elliott." Meanwhile, new data suggest Canadian auto sales are recovering from the pandemic-driven slump. According to DesRosiers Automotive Consultants, all Canadian provinces saw significant growth in new light vehicle sales in January
Source: YahooFinanceCA - 🏆 47. / 63 Read more »