0 0 0 0 0 0 0 0
Sign Up Today X
Thanks for submitting the form.
Stockreport

Chocolate prices remain elevated this Easter due to cocoa price spikes [BNN Bloomberg (Canada)]

Mondelez International, Inc. - Class A (MDLZ)  More Company Research Source: BNN Bloomberg
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Cocoa prices have risen significantly in the past couple of years as crops in key cocoa-growing countries have been hit hard by a number of factors, including extreme weather. Cocoa prices on financial markets soared above US$12,000 per ton in 2024. Recently they have been hovering around US$8,000 per ton, but that's still way up from where they were before — hovering around the US$2,000 mark in 2022, according to data from Refinitiv. For chocolate makers, raising the price of their products has been a necessity, especially if they want to keep producing the same quality their customers are used to. “When your price of chocolate triples ... you cannot keep the same price. It's impossible,” said Daniel Poncelet, owner of Vancouver-based Daniel Chocolates. “We make high-end chocolate, and we cannot kill our business by actually offering a lower-quality taste.” Poncelet estimates the price of his chocolate Easter bunny has doubled in just a couple of years. Prices of confect [Read more]
IMPACT SNAPSHOT EVENT TIME: MDLZ
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
MDLZ alerts
from News Quantified
MDLZ
NEWS
MDLZ
Earnings
MDLZ
Analyst Actions
MDLZ
SEC Filings
Stockreport

Chocolate prices remain elevated this Easter due to cocoa price spikes [BNN Bloomberg (Canada)]

Mondelez International, Inc. - Class A  (MDLZ) 
More Company Research Source: BNN Bloomberg
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Cocoa prices have risen significantly in the past couple of years as crops in key cocoa-growing countries have been hit hard by a number of factors, including extreme weather. Cocoa prices on financial markets soared above US$12,000 per ton in 2024. Recently they have been hovering around US$8,000 per ton, but that's still way up from where they were before — hovering around the US$2,000 mark in 2022, according to data from Refinitiv. For chocolate makers, raising the price of their products has been a necessity, especially if they want to keep producing the same quality their customers are used to. “When your price of chocolate triples ... you cannot keep the same price. It's impossible,” said Daniel Poncelet, owner of Vancouver-based Daniel Chocolates. “We make high-end chocolate, and we cannot kill our business by actually offering a lower-quality taste.” Poncelet estimates the price of his chocolate Easter bunny has doubled in just a couple of years. Prices of confect [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MDLZ
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS