Mondelez executive: ample cocoa stockpiles could cushion weather-hit
Mondelez said ample cocoa stockpiles should help cushion any hit to global production from adverse weather, even as tighter-supply and El Nino risks are lifting cocoa prices.
Ample cocoa stockpiles should help cushion any hit to global production from adverse weather, a Mondelez International NASDAQ:MDLZ executive said on Wednesday, even as concerns about tighter supplies and El Nino risks push up cocoa prices. "There is a healthy cocoa inventory, it pr…"