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Coffee, sugar futures to rise – but cocoa price outlook less rosy
date:Jan 26, 2016
ases by Ghanas industry regulator, Cocobod.
And, on the consumption side, processors face ongoing margin pressure too, curtailing demand.
Data last week showed a better-than-expected European cocoa grind in the October-to-December quarter, but an unexpectedly large drop in North American grindings.
Separately, chocolate giant Barry Callebaut highlighted pressure on the so-called combined ratio the value of cocoa processing products, powder and butter, compared with the cost of raw beans.
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12/21 20:11