Nutella Fans Brace to Pay More as Frost Hits Turkish Hazelnut Harvest
Summary by Financial Post
9 Articles
9 Articles
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
·Turin, Italy
Read Full ArticleFirst, 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…
·Mexico
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Total News Sources9
Leaning Left2Leaning Right4Center0Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
Factuality
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