Ivory Coast cocoa grind down 14.2%, exporters association says

Olam

31/10/2024 12:21

ABIDJAN, Oct 31 (Reuters) - Ivory Coast's cocoa grind
fell 14.2% year on year in September to 54,984 metric tons, data
from exporter association GEPEX showed on Thursday.
    The total grind from the start of the 2023/24 season in
October stood at 642,515 tons of beans by the end of September,
down 13.1% from the same point last season.
    The GEPEX data covers six of the largest grinding companies,
including Barry Callebaut  BARN.S , Olam  OLAG.SI  and Cargill
Inc  CARG.UL .
    Ivory Coast has total grinding capacity of 712,000 tons. It
is the world's biggest cocoa producer and vies with the
Netherlands as the leading grinder.


 (Reporting by Ange Aboa
Editing by Anait Miridzhanian and David Goodman
)
 ((Anait.Miridzhanian@thomsonreuters.com;))