Cocoa futures fell to a two-year low in London after Europe’s cocoa processing posted a steeper-than-expected slump, showing the extent of demand destruction as the industry reels from the lingering impact of record prices.
Cocoa futures fell to a two-year low in London after Europe’s cocoa processing posted a steeper-than-expected slump, showing the extent of demand destruction as the industry reels from the lingering impact of record prices.
Cocoa bean roasting machine at a chocolate factory in Paris.