More Commodities - Cocoa

Cocoa: Drop in Grindings

January 15, 2018 at 12:27 PM , Der AUDITOR
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BRUSSELS. According to the European Cocoa Association (ECA) Cocoa grindings have jumped to a six-year high in the EU. Contrary to this, grindings in Germany have dropped. And yet, a minor turnaround may be observed.

 

EU grindings increase

Cocoa bean grindings may have dropped to 353,286 mt in Q4 as compared to Q3 2017, but in the year-on-year comparison grindings have gained by 4.4%. Total EU grindings amount to 1.38 M mt in 2017 – an increase of 2.6% as compared to 2016. Grindings are thereby approaching the record value of 1.44 M mt achieved in 2011.

EU grindings in mt

Quarter

2016

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Cocoa
Apr 24, 2019
BONN. As the Association of German Confectionery Industry has recently reported cocoa bean grindings in Germany have risen nominally in the first quarter. Figures are also encouraging in Europe, North America and Asia.
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Feb 11, 2019
AMSTERDAM/FRANKFURT. The grinding statistics from Europe and North America fall short of expectations. Last year’s prolonged summer weather has put off consumers from eating chocolate in Germany and concerns have been voiced over the mid-crop in the Côte d’Ivoire. Traders are, however, skeptical towards these and similar statements.
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WASHINGTON DC/ SINGAPORE. North American Cocoa grindings dropped significantly in the second quarter. Judging by the recently announced cocoa grindings for the third quarter it, however, seems that demand has recovered.
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BONN. The Association of the German Confectionery Industry records a nominal increase of in cocoa grinds for Q3.