Cocoa prices are expected to stay steady

Note: This section contains information in English only.
Source: Marketwatch
On Thursday, Barry Callebaut AG, the manufacturer of Swiss chocolate, claimed that the prices on cocoa are expected to stay flat in the nearest term. The company is one of the biggest cocoa consumers, which clients in turn are Nestle SA and Kraft Foods Inc. The company's CEO , Juergen Steinemann, told that during the previous weeks cocoa prices were rather steady, varying in a range of 1,400-1,600 British Pounds per tonne.

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