Mars throws shade at rivals in global cocoa fight


NEW YORK: American chocolate icon Mars Inc sought to distance itself from rivals after the world’s top cocoa producers accused companies of trying to skirt paying a premium aimed at boosting farmers’ incomes.

In a letter to cocoa regulators in Ivory Coast and Ghana, the maker of M&Ms, Twix and Snickers said that it “categorically disagrees” with allegations that it changed its purchasing patterns to avoid paying the US$400-a-tonne charge, a practice that may be true for others in the industry.

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