For the first two months of the main crop’s harvest, arrivals of cocoa at major Ivorian ports are estimated at more than 625,000 MT of beans. This is near or above our estimate for arrivals a year ago.
Weather has been favorable for harvest, but West African growers are reportedly concerned about high temperatures and the possible onset of a severe Harmattan dry season.
Estimates cited by Reuters pegged arrivals near 694,000 MT as of the start of December, down about 2 percent YOY from its estimate of more 708,000 MT a year ago. Arrivals in the week ending Dec. 1 totaled 87,000 MT, up nearly 4 percent from the same week last year.
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