Hershey says ICE cocoa futures market is disconnected from reality
Chocolate maker Hershey Co said the ICE New York cocoa futures market is currently disconnected from the reality of the global physical market due to exchange actions that have reduced liquidity and ...
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Indonesia’s cocoa farmers work with businesses to fight the bitter impact of climate change
further reducing cocoa supplies and pushing prices higher: In 2024, prices nearly tripled, reaching about US$12,000 per ton, driving up chocolate costs and leading some chocolate makers to try ...
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Hershey says ICE cocoa futures market is disconnected from reality
NEW YORK (Reuters) -Chocolate maker Hershey Co said the ICE ... told Reuters on Tuesday that high margin calls on ICE's cocoa futures market drove commercial players away, reducing open interest ...