Barry Callebaut does not see cocoa bean prices returning to 2022/2023 levels

(Reuters) – Swiss chocolate maker Barry Callebaut on Wednesday said it does not see cocoa bean prices returning to the levels of the 2022/2023 season.

“We see significant improvement in cocoa harvest versus last year, but still not at the 2022/2023 levels,” said Peter Feld, CEO of the world’s biggest industrial chocolate maker, at a post-earnings presentation.

(Reporting by Andrey Sychev; Editing by Miranda Murray)

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