Cocoa Supply is Comfortable Until Year End
Publish Date:
September 8, 2011
Supplies of cocoa are comfortable until the end of the year as crops expanded and demand for chocolate in Europe isn’t growing, said Christian Walter, managing director of Ferrero SpA’s U.K. division. Cocoa supplies will exceed demand by a record 325,000 metric tons in the current crop year, according to the London- based International Cocoa Organization.
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