Cocoa grinding in Asia in the second half registers a drop of 1.41%

Published 2024년 7월 18일

Tridge summary

In the second quarter of 2024, cocoa grinding in Asia experienced a decline of 1.41%, with 210,968 tons processed, a decrease from the 213,977 tons processed in the same period of the previous year. This decrease is due to challenges in the cocoa market, including global price fluctuations, logistical issues, and lower industrial demand. This decline is of concern as it reflects a reduction in demand for cocoa-derived products, used in the production of chocolates and other food items, which could signal caution on the part of chocolate manufacturers and other industrial buyers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Cocoa grinding in Asia in the second quarter of 2024 recorded a decline of 1.41% compared to the same period last year. According to recent data, 210,968 tons of cocoa were processed, a reduction compared to the 213,977 tons recorded in the second quarter of 2023. This decline in grinding reflects a scenario of adjustments in the cocoa market, which has faced challenges in both supply and demand. The drop can be attributed to several factors, including fluctuations in global cocoa prices, logistical difficulties and less robust industrial demand than expected. Cocoa grinds are a crucial indicator of the health of the sector, as they reflect demand for cocoa-derived products such as cocoa butter, powder and ...

Source: Mercado Do Cacau