Guan Chong expects the lockdowns implemented worldwide to result in some delays in shipments to customers and a reduction in the utilisation of grinding capacity in the near future, but it is confident about its long-term prospects and uptrend in chocolate demand.
PETALING JAYA: The demand for cocoa powder remains robust even during the coronavirus (Covid-19) pandemic due to its diversified usage and this is a positive factor for cocoa grinder Guan Chong Bhd
.
RHB Research said this was due to the diversified usage of cocoa powder such as for baking, beverages and compound chocolate, among others.
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