Cumulative cocoa arrivals continue to lag

Ivory Coast exporters estimated cocoa bean port arrivals down 6.5 percent YOY at around 1.85 MMT from October through May. This is a shortfall of nearly 100,000 MT from the previous season. Ghana Cocobod purchases have also fallen behind last year’s pace, adding to [...]

Ivory Coast & Ghana cocoa figures estimated lower at end of April

Amid largely bearish updates on grind, potentially lower grind growth in 2019/20 could be at least partly matched by smaller West African cocoa crops. From October through April, we estimate cocoa arrivals could be down around 3 percent YOY from arrivals a year prior [...]

Ivory Coast main-crop cocoa arrivals still seen down year on year

From October through the end of February, 2019/20 cocoa arrivals at major Ivorian ports were reported at just under 1.62 million metric tons (MMT), per CCC. This was a decline of 2 percent from arrivals for the same period last season. From October through [...]

Ouattara will not run for third term in Ivorian election

Ivory Coast president Alassane Ouattara has announced that he will not run for a third term, ending months of speculation. Ouattara had previously argued that his past and current term would not count towards term limits outlined in the country’s newly adopted constitution. The [...]

Ivory Coast, Ghana cocoa arrivals flat year on year

Light rains in West Africa should help tree condition, soil moisture, and pod setting and filling. Reports show atypically dry conditions overall, which is expected to further pressure the Ivorian midcrop, which could fall by an estimated 20 percent to 30 percent from the [...]

Cocoa midcrop concerns, election uncertainty catch spec interest

Cocoa prices have surged $450 per MT, up 20 percent from the start of this year. Although cocoa bean arrivals to date are running close to last year’s record crop, hot and dry conditions have sparked concerns for the potential of the coming midcrop. [...]

Main-crop cocoa arrivals starting to fade?

As we pass the midpoint of the main-crop season, cocoa bean arrivals at West African ports are starting to slow, losing some ground vs. January arrivals a year ago. Arrivals at major Ivorian ports were estimated at 60,000 MT in the most recent week, [...]

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