Rising Candy Prices

Rising costs of the ingredients such as cocoa, sugar, corn sweetener, and nuts is making candy prices go to new heights. Some chocolate manufacturers are raising prices by 10%; and say that they could go higher.

Candy makers profits are low, and could be even lower that they expect. Raising the price for candy will help offset some of the rising costs of the commodities, which candy makers expect will more than double from 2008 to 2009. Consumers have seen prices rise, even on everyday food items, in the grocery stores by nearly 6%.

Look for fewer special price promotions and higher everyday prices. And of course the cost of transportation of these candy items before and after it is made, also enters into the picture.