Hershey
Since the price of a ton of raw cocoa on the London commmodity exchange recently climbed to a record high of just under €5,500 ($5,960), chocolate fans have reason to be alarmed. Just a year ago it was €2,500 and last month it was €4,000. "A kilo of cocoa is almost €3 more expensive than it was a year ago," a spokesman for the German chocolate manufacturer Ritter Sport said. "Anyone can work out for themselves what this means for the production costs of a 100-gram chocolate bar, which contains between 35% and 70% cocoa, but we are currently assessing the situation as a whole," he said. The com...
DPA International
Since the price of a ton of raw cocoa on the London commodity exchange recently climbed to a record high of just under €5,500 ($5,960), chocolate fans have reason to be alarmed. Just a year ago it was €2,500 and last month it was €4,000. "A kilo of cocoa is almost €3 more expensive than it was a year ago," a spokesman for the German chocolate manufacturer Ritter Sport said. "Anyone can work out for themselves what this means for the production costs of a 100-gram chocolate bar, which contains between 35% and 70% cocoa, but we are currently assessing the situation as a whole," he said. The comp...
DPA International
Since the price of a ton of raw cocoa on the London commodity exchange recently climbed to a record high of just under €5,500 ($5,960), chocolate fans have reason to be alarmed. Just a year ago it was €2,500 and last month it was €4,000. "A kilo of cocoa is almost €3 more expensive than it was a year ago," a spokesman for the German chocolate manufacturer Ritter Sport said. "Anyone can work out for themselves what this means for the production costs of a 100-gram chocolate bar, which contains between 35% and 70% cocoa, but we are currently assessing the situation as a whole," he said. The comp...
DPA Breaking News
Since the price of a ton of raw cocoa on the London commmodity exchange recently climbed to a record high of just under €5,500 ($5,960), chocolate fans have reason to be alarmed. Just a year ago it was €2,500 and last month it was €4,000. "A kilo of cocoa is almost €3 more expensive than it was a year ago," a spokesman for the German chocolate manufacturer Ritter Sport said. "Anyone can work out for themselves what this means for the production costs of a 100-gram chocolate bar, which contains between 35% and 70% cocoa, but we are currently assessing the situation as a whole," he said. The com...
DPA
Since the price of a ton of raw cocoa on the London commodity exchange recently climbed to a record high of just under €5,500 ($5,960), chocolate fans have reason to be alarmed. Just a year ago it was €2,500 and last month it was €4,000. "A kilo of cocoa is almost €3 more expensive than it was a year ago," a spokesman for the German chocolate manufacturer Ritter Sport said. "Anyone can work out for themselves what this means for the production costs of a 100-gram chocolate bar, which contains between 35% and 70% cocoa, but we are currently assessing the situation as a whole," he said. The comp...
DPA
Since the price of a ton of raw cocoa on the London commmodity exchange recently climbed to a record high of just under €5,500 ($5,960), chocolate fans have reason to be alarmed. Just a year ago it was €2,500 and last month it was €4,000. "A kilo of cocoa is almost €3 more expensive than it was a year ago," a spokesman for the German chocolate manufacturer Ritter Sport said. "Anyone can work out for themselves what this means for the production costs of a 100-gram chocolate bar, which contains between 35% and 70% cocoa, but we are currently assessing the situation as a whole," he said. The com...
DPA Breaking News
Every week, Benzinga conducts a sentiment survey to understand what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.Q3 2020 hedge fund letters, conferences and moreWhich Consumer Staples Stock Will Have The Largest Percentage Gain?This week we posed the following question to over 400 investors and traders: Over the next five years, which consumer staples stock will have the largest percentage gain?PepsiCo (NASDAQ: PEP)Coca-Cola (NYSE: KO)Hershey (NYSE: HSY)Proctor & Gamble (NYSE: PG)Costco (NASDAQ: COST)Smuckers (NYSE: SJM)Clor...
ValueWalk
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