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

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 ...