Even with a slight increase in almond receipts, the industry faces tight margins and the impact of U.S. tariffs, according to AIPC
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Cocoa grinding in Brazil fell by 16.6% in the third quarter of 2025, totaling 46.1 thousand tons, according to data from SindiDados – Campos Consultores, released by the National Association of Cocoa Processing Industries (AIPC). For the year to date, there were 144 thousand tons, a drop of 15.1% compared to 2024. According to the executive president of AIPC, Anna Paula Losi, the sector still faces a scenario of high raw material costs, weakened demand, and compressed margins, which limits the resumption of production. "The reception showed some punctual relief, but the grinding has not yet followed this movement," she states. The reception of cocoa beans totaled 68.2 thousand tons in the quarter, up 2.4% from the same period last year. From January to September, the volume was 126.4 thousand tons, practically stable. Even so, there is a deficit of about 18 thousand tons between the received and processed. The quarter marked the end of the 2024/25 crop year, with 180.8 thousand ...
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