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Easter to get dearer?

20th April, 2014
An anticipated undersupply of cocoa is fuelling ''bullish momentum for prices, according to a major chocolate company.

Easter to get dearer?

An anticipated undersupply of cocoa is fuelling ''bullish momentum for prices, according to a major chocolate company. In its recent half year results, the world's largest chocolate maker, Barry Callebaut, announced that its total sales volume was up 17.6 per cent to 876,297 tonnes. However, the Zurich-based chocolate maker highlighted recent buoyancy in cocoa prices. ''Cocoa terminal market prices gradually edged up by £40 per month, closing at £1,844 per tonne...

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