At 4:06 am (0806 GMT), Lindt&Spruengli was trading 2.8% higher at CHF 109,200. Barclays, which had previously rated Lindt as “equal weight,” has now raised the rating to “overweight ...

Cocoa prices began the year at record high levels, peaking at $10.75 per kilogram in January, due to poor West African harvests and supply disruptions. However, New York cocoa futures fell 4% last ...

Chocolate prices in the EU have surged by 11.1% on average over the past year, driven by tripled cocoa costs due to supply disruptions in West Africa. Swiss chocolate producer Lindt is expected to ...

Lindt’s Lechner said “the magnitude of these increases in raw material forced us, also, in the last years, ... and pest outbreaks in West Africa that caused a supply deficit.

Lindt & Sprüngli sources cocoa from roughly 80,000 farmers in Ghana, ... recorded 53,839 children working for roughly 250,000 farmers in West Africa. More.

Chocolate prices are up and expected to rise further after catastrophic weather and crop disease crushed the cocoa yield in West Africa. February 13, 2025 5 min ...

FILE - Cocoa pods hang on a tree in Divo, west-central Ivory Coast, Nov. 19, 2023. With exports from the Ivory Coast, the world's top producer, down by a third in recent months, the global price ...

Lindt said the chocolate market was “highly competitive” and its market share had slipped from 7.7% to 7.1%. Chocolate manufacturers have battled soaring prices for the past two years due to a global ...