Confectioners sweet on ADM's decision to keep cocoa business
date:Apr 17, 2014
ruggled to maintain market share.

In shifting its strategy, ADM must now find a buyer for the chocolate business, at a critical time for the downstream industry.

Its cocoa processing has returned to profit after a cost-cutting drive and helped in part by a surge in butter prices, traders said. But the smaller chocolate business in an even more competitive market is still making a loss, the spokeswoman said.

Some source suggested Cargill may be interested in the chocolate business.

I think it
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