Asia Cocoa-Butter holds at 4-yr peak, set to rise further
date:Jul 08, 2013
outsourcing deals from food groups and strong demand from bakeries and restaurants lifted volumes by a better-than-expected 8.2 percent in the nine months to May.

Barry Callebaut is one of the supporting factors. We are seeing demand for butter from Europe, and with summer coming, there are chances the ratios will go up further, said a grinder in Malaysia.

Our offer price is 2.10 times, and we've sold butter at 2.05 times. But I would think less people will be willing to sell butter at 2.05.


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