Have Cocoa Prices Hit Chocolate?

Have cocoa prices hit chocolate?

The so-called cocoa crisis has put the industry into a tailspin. How significantly have high cocoa prices been handed down to consumers?

Dollar Weakness Lifts Cocoa Prices

July ICE NY cocoa (CCN25 ) today is up +299 (+3.13%), and July ICE London cocoa #7 (CAN25 ) is up +67 (+1.03%). Cocoa prices are soaring today as today's -0.65% drop in the dollar index (DXY00) to a 3-1/4 year low has prompted strength in most commodities, including cocoa....