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Nutella Fans Brace to Pay More as Frost Hits Turkish Hazelnut Harvest

Summary by Financial Post

First olive oil, then cocoa and coffee. Now a fresh supply squeeze is set to hit another food pleasure — the hazelnuts that go into making the chocolaty Nutella spread.

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NDTV

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Nutella Fans Brace to Pay More As Frost Hits Turkish Hazelnut Harvest

A fresh supply squeeze is set to hit another food pleasure - the hazelnuts that go into making the chocolaty Nutella spread.

1 day ago·New Delhi, India

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Financial Post

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Nutella fans brace for price hike as Turkish frost hits hazelnut harvest

First olive oil, then cocoa and coffee. Now a fresh supply squeeze is set to hit another food pleasure — the hazelnuts that go into making the chocolaty Nutella spread.

2 days ago·Canada

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La Repubblica

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Nutella, Bad News for the Greedy: Ice Cream in Turkey Increases the Prices of Hazelnuts

The country is the main supplier for the company in Alba. The low spring temperatures have compromised the harvests and reduced the supply, with effects on wholesale prices

2 days ago·Turin, Italy

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The Straits Times

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Nutella fans braced to pay more as frost hits Turkish hazelnut harvest

Prices of coffee and cocoa have also soared – buffeted by unpredictable weather. Read more at straitstimes.com.

2 days ago·Singapore

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El Financiero

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Chocolate Fan? Climate Change Will Rise Prices of Nutella and Ferrero Due to Hazelnut Shortage

First, olive oil, then cocoa and coffee. Now, a new wave of supply is about to reach another culinary pleasure: hazelnuts, with which Nutella cream is made. Wholesale prices in Turkey, which accounts for about 65 percent of the world’s hazelnut production, have increased by about 30 percent since April, after the worst spring frost in the country in more than a decade. And it is expected that they will continue to rise, according to data from th…

2 days ago·Mexico

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Bloomberg

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Nutella Fans Brace to Pay More as Frost Hits Turkish Hazelnut Harvest

First olive oil, then cocoa and coffee. Now a fresh supply squeeze is set to hit another food pleasure — the hazelnuts that go into making the chocolaty Nutella spread.

2 days ago·United States

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