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Why the global cocoa market is melting down
B ARRY 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. ”
China would not be happy
It is once again a good time to work on a trading desk
Many are now ripe for a takeover
A source: www.economist.com/finance-and-economics/2024/05/09/why-the-global-cocoa-market-is-melting-down
