Arrivals from October through April are thought to be above 1.84 MMT, some 200,000 MT higher than arrivals for the same period last season. This marks a 12 to 14 percent increase from last season, depending on the baseline figures used. In the last reported week, estimated arrivals were 38,000 MT, up nearly 27 percent YOY, per Reuters.
There are suggestions that drier weather reported may curb midcrop output—as reports of cocoa swollen shoot virus (CSSV) are being floated from Ghana—but production is still likely to remain strong. For Ghana, arrivals are estimated at nearly 700,000 MT for the season to date.