The Cost of Chocolate
Hershey Raises Wholesale Prices on all their products...Again
The cost of your chocolate Kisses, Reese's pieces and, yes, chocolate syrup...will be 10% higher in the near future.
"Commodity costs have been volatile over the last several years and continue to remain at levels that are well above historical averages," the president and chief executive of Hershey's said. "Market prices for ingredients such as cocoa, corn sweeteners, sugar and peanuts are up 20% to 45% since the beginning of the year."
Wall Street Journal report HERE
The cost of your chocolate Kisses, Reese's pieces and, yes, chocolate syrup...will be 10% higher in the near future.
"Commodity costs have been volatile over the last several years and continue to remain at levels that are well above historical averages," the president and chief executive of Hershey's said. "Market prices for ingredients such as cocoa, corn sweeteners, sugar and peanuts are up 20% to 45% since the beginning of the year."
Wall Street Journal report HERE
Labels: hersheys
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