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NIGERIA LAGOS PORT CONGESTION PUSHES EXPORTERS TO CALABAR
Cocoa exporters are increasingly moving their beans through Nigeria’s Calabar port, as prolonged congestion at the Lagos seaports continues. The port, in the east of the country, is normally associated with ferrying passengers short distances…
ICCO – DIVERGING TRENDS BETWEEN CÔTE D’IVOIRE AND GHANA
The International Cocoa Organisation (ICCO) has reported opposing cocoa production trends from West African producing countries. Côte d’Ivoire, the world’s leading cocoa exporters, are slightly up with 1.340 million tonnes, as of January 30th 2022,…
THE OUTLOOK FOR COCOA PRICING IN 2022
Several forces are trying to move cocoa prices in different directions at the start of 2022. The largest producer Côte d’Ivoire saw a drop in production with an expected 1.55 million tonnes compared with 1.75…
WORLD COCOA BEAN STOCKS ROSE IN 2020/21 – ICCO REPORTS
The International Cocoa Organisation Expert Working Group on Stocks (EWGS) conducted their annual meeting to review global cocoa bean stocks on 27th January 2022. The ICCO conducts a survey each year on cocoa bean stocks…
NORTH AMERICAN GRIND NUMBERS FALL SHORT OF EXPECTATIONS
NCA data released their quarterly grinding report last week, showing that North American cocoa grindings bucked the upward trend seen in Europe and Asia, by falling 1.2% from the same period of 2021 to 116,613…
CAA RELEASES STRONG Q4 2021 GRINDING NUMBERS
The Cocoa Association of Asia released their quarterly report on grind numbers for Q4 of 2021, showing a strong end to the year, and reinforcing the message that Asia is an increasingly important market for…
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