Muted quarterly growth for cocoa bean grind in Europe, Asia, & North America

ECA reported cocoa grind for Q4 2018 at 359,103 MT, up 1.6 percent from grind in Q4 2017, marking the eighth straight quarter of YOY growth. From 2015 through 2018, in fact, only three quarters showed YOY declines: Q1 2015, Q1 2016, and Q4 [...]

Official figures for Ivory Coast cocoa bean arrivals through November

Per the Coffee and Cocoa Counsel (CCC), arrivals for the 2018/19 main crop in October and November totaled more than 725,800 MT of beans, a figure well above trade estimates for that period. The volume of arrivals at major Ivorian ports for those two [...]

Amid mixed industry news, Ivory Coast cocoa bean arrivals still strong

For the first two months of the 2018/19 season, arrivals of main-crop cocoa beans have been reported well above last year’s levels. Total arrivals in October and November are estimated to have surpassed 675 million metric tons (MMT) of beans. Depending on whose estimates [...]

Strong early Ivory Coast arrivals reported for the 2018/19 main crop

Cumulative cocoa bean arrivals at the major Ivorian ports of San Pedro and Abidjan were estimated to total 327,000 MT as of Nov. 4, reports Reuters. Arrivals to date are thus up almost 46 percent from cumulative arrivals for the same period last season, [...]

European cocoa grind shows robust 2018/19 growth

European cocoa grind from July through September reached 363,122 MT, reported ECA this week. This volume is up 2.7 percent from grind volume of 353,455 MT for the same quarter last year. While this gain is significant—particularly compared to the grind declines reported for [...]

Tracking cocoa processing for major West African origins

Never shying from ambitious goals, Ghana has in the past stated that it hopes to process half of its beans domestically, providing employment and leading to an overall enhancement of sustainability by capturing value-added margins. In theory, Ghana has the processing capacity to do [...]

Cocoa prices & politics in Ghana & Ivory Coast

While a sober review of the facts—paramount among these the weakness observed for cocoa futures—would conceivably support Ghana’s move to leave the cocoa farmgate price for the 2018/19 main crop unchanged from last season, grandstanding and political posturing on the decision is currently ubiquitous. [...]