- Wells Fargo Agri-Food estimates chocolate prices will be about 8% higher than last Halloween, with effective transaction prices up roughly 5% to 8% after promotions.
- Cocoa futures fell sharply from historic highs, but chocolate on shelves was produced with cocoa bought six to 12 months earlier, so price relief has not reached stores.
- Candy and chewing gum prices rose 7.7% in September from a year earlier, according to CPI data, running ahead of broader food inflation.
- NIQ reports Halloween chocolate dollar sales fell 7.2% in the nine weeks ended Oct. 17, with milk chocolate driving a $34.4 million decline.
- Small candy packs of nine ounces or less rose 24% in dollar terms while every larger package size declined, according to NIQ.
- Hershey stock is rising as a safety trade but faces pressure as consumers cut back on candy.
引述
“The worst of the cocoa crisis has passed, but price relief hasn't reached store shelves yet,”
“Consumers continue to make Halloween a spending priority, but they are also approaching the season with affordability in mind,”