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Red-hot cocoa price melts profit at top chocolate-maker
Red-hot cocoa price melts profit at top chocolate-maker
Economy
by  AFP

Barry Callebaut, the world's biggest supplier of chocolate to the food industry, said Wednesday that the surge in global cocoa prices had chipped away at profits. "Food manufacturers continued to be impacted by soft consumer demand in the context of the high-inflationary environment," Barry Callebaut said in a statement.