Cocoa: Big crops meet big grind in second quarter

Improved weather, with rains returning from mid-June to early July, has brought relief to farmers across Ivory Coast. Recent crop estimates now place cumulative arrivals in Ivory Coast approaching 2.25 MMT to 2.30 MMT (gross), and Ghana purchase figures are expected to top 900,000 [...]

Strong cocoa Q2 2021 grind rebounds in Europe & North America?

This week, ECA reported European Q2 2021 cocoa grind is at a record 356,854 MT, down 0.3 percent from Q1 grind of 357,815 but up 13.6 percent from Q2 2020 YOY. German Q2 grind had been reported at 93,064 MT of beans, up 18 [...]

Cocoa grind growth mixed for major regions of use

European grind provided a more neutral tone at 373,625 MT in Q1 2020, up over 5% from Q4 2019 and up almost 1% YOY. This is a reversal from the previous three quarters, which all showed YOY declines. Asian Q1 grind was reported at [...]

Stronger growth for European cocoa grind in Q2

Cocoa grind for reporting entities in Europe reached 356,109 MT in the second quarter of 2018, according to ECA. Up more than 7 percent from Q2 2017, this unexpectedly robust growth added some bullish sentiment to the market, at least momentarily. Bullish grind figures [...]

European cocoa grind beats expectations

European grind for Q1 2018 was 358,432 MT, up 1.5 percent from the previous quarter and 5.5 percent higher than Q1 2017 grind. Meanwhile, Q1 grind reported for Asian manufacturers was 190,244 MT, down 3.2 percent from Q4 2017’s volume but up an impressive [...]