The company is looking to procure cocoa from countries such as Ecuador, Peru and Indonesia and paying premiums to book their beans. — Bloomberg
KUALA LUMPUR: Guan Chong Bhd
, one of the world’s biggest cocoa processors, is scouting for beans worldwide as bad weather and disease pummelling crops in top West African growers send prices to a record.
The company is looking to procure cocoa from countries such as Ecuador, Peru and Indonesia – all minor growers – and paying premiums to book their beans.
