date:Jan 18, 2013
Barry Callebaut forecast that cocoa prices, whose volatility left the chocolate giant's sales some SFr130m below investor expectations in the latest quarter, would remain at the lower end of the trading range which has dragged them to a nine-month low.
The Swiss-based group, the world's biggest manufacturer of chocolate and cocoa products, flagged that cocoa beans had averaged 20% lower over the past year than in 2011.
While cocoa futures topped 1,700 a tonne in early September - due to uncert