Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Surbhi Jain

Cocoa Melts To 2-Year Lows — Just In Time For Hot Chocolate Season

Dark Chocolate Thins On the Go!

Cocoa futures just slid to their lowest level in almost two years, and the timing couldn't be more delicious as investors are staring down another inflation-heavy holiday season. As winter mugs come out and gifting shelves fill up, the sudden collapse in cocoa prices arrives as a rare margin tailwind for chocolate manufacturers that have spent the past year battling soaring ingredient costs and price-sensitive consumers.

  • Track HSY stock here.
Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.