Chocolate Demand Roars Back as Cocoa Grindings Beat Forecast
Cocoa processing in Europe and Asia exceeded expectations by wide margins in the third quarter, signaling a potentially stronger-than-anticipated recovery in global demand after years of elevated chocolate prices.
By Anuradha Raghu, Cole Martin and Will Standring · Bloomberg Markets
Cocoa processing in Europe and Asia exceeded expectations by wide margins in the third quarter, signaling a potentially stronger-than-anticipated recovery in global demand after years of elevated chocolate prices.