Hershey to Raise Chocolate Prices Due to High Cocoa Costs
TL;DR
Hershey plans to implement a double-digit price increase across its confectionery products due to rising cocoa costs, which have been affected by supply issues in West Africa, although cocoa prices have recently fallen from record highs.
- Hershey to raise chocolate prices as cocoa costs remain high Yahoo Finance
- Hershey Lifts Candy Prices, Citing High Cocoa Costs The Wall Street Journal
- Hershey to increase candy prices by double digits amid rising cocoa costs CBS News
- Hershey says it is hiking chocolate prices CNN
- Hershey Raising Candy Prices by Double Digits on High Cocoa Costs Bloomberg.com
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