Bloomberg News

Cocoa Arrivals From Brazil’s Bahia Advance 32%, Hartmann Says

May 22, 2012

Cocoa arrivals from Bahia, Brazil’s biggest growing region, advanced 32 percent from a week earlier, according to analyst Thomas Hartmann.

Deliveries to shippers and processors were 76,030 bags in the week to May 20, Hartmann said in a report yesterday. That compares with the 57,817 bags he reported a week earlier. Total arrivals across Brazil were 104,824 bags from 86,622 bags a week earlier, he said. A bag weighs 60 kilograms (132 pounds).

Bahia accounted for 74 percent of Brazil’s cocoa output and 94 percent of 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.

To contact the reporter on this story: Luzi Ann Javier in Singapore at ljavier@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net


Hollywood Goes YouTube
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus