Why the global cocoa market is melting down

Toblerones could soon become luxury goods


  • by
  • 05 9, 2024
  • in Finance and economics

BARRY CALLEBAUT, the world’s largest maker of bulk chocolate, is full of beans. Its share price has jumped by 20% since April, when it reported higher sales volumes despite a steep rise in the cost of cocoa. Peter Feld, its boss, told investors not to worry about expensive ingredients: “What goes up fast comes down fast.”

  • Source Why the global cocoa market is melting down
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