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Halloween Candy Prices Reflect Cocoa’s Wild Ride

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On Bloomberg This Weekend, Ignacio Canalas Polo explains why chocolate and Halloween candy remain expensive even after cocoa prices retreated from their peaks, pointing to persistent supply pressures in Ivory Coast and Ghana and manufacturers’ efforts to manage costs. Speaking with hosts David Gura and Christina Ruffini, Polo says consumers may see more promotions, but structurally higher cocoa costs and product reformulation mean chocolate prices are unlikely to return quickly to previous...

On Bloomberg This Weekend, Ignacio Canalas Polo explains why chocolate and Halloween candy remain expensive even after cocoa prices retreated from their peaks, pointing to persistent supply pressures in Ivory Coast and Ghana and manufacturers’ efforts to manage costs. Speaking with hosts David Gura and Christina Ruffini, Polo says consumers may see more promotions, but structurally higher cocoa costs and product reformulation mean chocolate prices are unlikely to return quickly to previous levels. (Source: Bloomberg)
Ignacio Canalas Polo (PERSON) Ivory Coast (LOCATION) Ghana (LOCATION) David Gura (PERSON) Christina Ruffini (PERSON) Polo (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →