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0 0 -0.0213618157543391 -0.0120160213618157 0.0213618157543391 0.0373831775700935 0.0333778371161549 0.034712950600801
Stock impact report

Commodity Roundup: Cocoa prices extend gains after surpassing $9,000 on supply woes [Seeking Alpha]

Perimeter Solutions, SA (PRM) 
Company Research Source: Seeking Alpha
due to a supply crisis as chocolate producers struggle to procure the grains. Cocoa futures gained by 11.5% last week as the supply crisis grows. Prices ( CC1:COM ) were trading +2.44% at $9,884.00. The main reason is poor harvests in West Africa, a result of drought and disease, and the surge in prices are prompting candy manufacturers to crank out new products with less of the pricey ingredient, and pass on the cost to consumers. The crunch is being felt most in Europe, the world's biggest chocolate consuming region, Bloomberg reported. Among energy commodities, oil prices were little changed on the day, after gaining in the previous session, as traders weighed the risk of recent attacks on Russian oil refineries by Ukraine, amid the ongoing Israel-Gaza conflict, which also threaten supplies in the Middle East region. The Joint Ministerial Monitoring Committee of OPEC+ will be meeting next week, and the committee is unlikely to recommend any changes to the current production c Show less Read more
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