Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Low profit now because company invest a lot in new grinding plant . The business is growing , expenditure cost is high , and despite rising in cost of material they still can stay profit consider very good.
The cocoa prices now volatile only , the prices wont stay high for long. Eventually it will normalize back.
It’s the same principle as a vendor selling chicken rice , when chicken goes up , a plate of chicken rice increase rm 1 . But when the chicken price goes down , a plate of chicken rice still remained the same price. Eventually the vendor will make the profit. Demand is still a demand, there is no alternative for cocoa either
This company is stable
Yalor... $7625/tonne.... almost.100% from early last year
Forecasts of heavy rainfall in West Africa have led to speculators liquidating some of their long positions, previously taken in anticipation of global supply constraints. However, fundamentals remain supportive, with poor crops in Ivory Coast and Ghana expected to lead to a global supply deficit this season. In a February 29 quarterly update, the ICCO forecast 2023-24 global stocks at 4.449 million tonnes, down 11% from 2022-23. The ICC
