Cocoa
Complexities of the cocoa powder and cocoa butter markets
- Details
- Published on Sunday, 29 July 2012 20:27
- Written by Joseph F. Schmidt
Complexities of the cocoa powder and cocoa butter markets--
Price relationships between beans, butter, and powder are never as straightforward as buyers would like. A change in one component can change the price of the other component in a reverse direction, have no effect at all—or even change the price in the same direction. It is not a zero-sum ratio even when markets are behaving “normally”.
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