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Cocoa Grindings Crush Estimates, Chocolate Stocks Rise: Is Hershey A Buy?

ZeroHedge16 October 2026, 16:55 UTC

Cocoa Grindings Crush Estimates, Chocolate Stocks Rise: Is Hershey A Buy? A new Bloomberg survey found that third-quarter cocoa processing in Asia and Europe exceeded estimates, signaling a potential demand recovery as lower bean costs improve processing margins. The rebound follows a period of record-high cocoa prices that sparked demand destruction among consumers. Asian processing soared 29% in the third quarter to its highest quarterly level since 2011, according to the Cocoa Association of Asia. In Europe, grindings rose 3.2% from one year ago, marking the region's first qua

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