- Ghana and Ivory Coast are contributing to global cocoa production deficit due to shared supply chain challenges.
- Future recovery in the cocoa industry hinges on successfully managing the increasing costs associated with production and global market pressures.
Rising cocoa costs are forcing price increases for The Hershey Company.
2 reports, 2 independent
Updated Jul 24
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What happened
Rising cocoa costs are forcing price increases for The Hershey Company.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Future recovery in the cocoa industry hinges on successfully managing the increasing costs associated with production and global market pressures.Also in this story
- Mondelez International and Michele Buck are raising prices to offset rising cocoa costs.
- Poor harvests in West Africa caused a cocoa shortage, impacting the global supply chain.
The entities involved
Coverage
Newest first; wire copies grouped- CBS NewsHershey to increase candy prices by double digits as cocoa costs rise The Hershey Company on Tuesday confirmed media reports it is raising candy prices as it battles rising cocoa costs. The price cha
- CNN BusinessHershey says it is hiking chocolate prices Your Kit Kat bar and Reese’s Peanut Butter Cups are officially getting pricier. Hershey told its retail partners it is raising prices by a percentage in the