Monthly Archives: October 2024

The Fate of Indonesia’s Chocolate Business When Raw Material Prices and Supply Become Issues

Jakarta, CNBC Indonesia—Reinald Siswanto, CEO of PT Wahana Interfood Nusantara Tbk (COCO), remains optimistic about the cocoa industry’s potential amid rising global demand of 10-15% annually. However, Reinald noted that the chocolate industry still faces several challenges related to fluctuating raw material prices due to disruptions to global supply and production. At COCO, processing cocoa […]