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Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
11
Feb
Posted by: ICB
Category:
Air Freight, Contract Logistics, COVID-19, Customs Brokers, Freight Forwarding, Ground Freight, Imports, Ocean Freight, SCS Management, Special Offers
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The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.
