Jan. 11 (Bloomberg) -- Cocoa arrivals from Bahia, Brazil’s biggest growing region, dropped 26 percent from a week earlier, according to analyst Thomas Hartmann.
Deliveries to shippers and processors totaled 30,730 bags in the week ended Jan. 8, Hartmann wrote in a report yesterday. That compares with 41,461 bags he reported a week earlier. Total arrivals across Brazil were 38,662 bags, compared with 49,727 bags a week ago, he said. A bag weighs 60 kilograms (132 pounds).
Bahia has accounted for 74 percent of Brazil’s cocoa production and 94 percent of its grindings in the past five years, Hartmann said in an Oct. 12 e-mail. He’s a board member of the Commercial Association of Bahia and heads the group’s statistical service on Brazilian production.
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