Cocoa soars above $11,000 a ton as processing pace holds upFigures released Thursday showed so-called grinds — where cocoa is turned into butter and powder used in confectionery — fell only about 2%...
Why prices for chocolate and cocoa went nutsFor much of the past decade, the price of cocoa in one key global benchmark hovered around $2,500 per metric ton.
Chocolate cravings are going to get more expensive to satisfyHeavy rains and a rot-causing disease have ravaged crops there, sparking concerns about supply. Bean processing has also slumped around the...