ICCO Archives - McKeany-Flavell

ICCO raises projected cocoa deficit for 2021/22

ICCO raises projected cocoa deficit for 2021/22

With one month remaining in the season, ICCO officials raised their 2021/22 deficit estimate to 230,000 MT this last week. Per Reuters, officials cited solid growth in demand in the current season as the principal driver of the shortfall, with Asian and European grind [...]

By Jeff Rasinski|September 7, 2022|Categories: Cocoa & Chocolate, Weather|Tags: Asia cocoa grind, Europe cocoa grind, Ghana main cocoa crop, ICCO, West African weather|0 Comments

World 2017/18 cocoa surplus estimated higher

World 2017/18 cocoa surplus estimated higher

For 2016/17, ICCO now estimates raised production to 4.739 MMT and grind to 4.396 MMT, leaving add stocks nearly unchanged at 296,00 MT, carryout at 1.726 MMT. For 2017/18, cocoa production was raised 58,000 MT to 4.645 MMT, down 2 percent or 94,000 MT [...]

By Daniel Aviles|September 11, 2018|Categories: Cocoa & Chocolate|Tags: cocoa grind, cocoa production, cocoa stocks, ICCO|0 Comments

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