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Cocoa Market Review.pdf

ICCO-Monthly-Cocoa-Market-Review-October-2018.pdf
Preview of Cocoa Market Review
🔗 Source: icco.org
📊 Size: 243 KB
👤 Author: Elizabeth Gyamfi
⬇️ Downloads: 99

Summary

Cocoa prices increased in October 2018, with the London market rising 13% to $2,182/tonne and the New York market rising 11% to $2,233/tonne, due to increasing demand and concerns over cocoa-related diseases in Côte d'Ivoire. The ICCO daily price index strengthened by 12%, while the US dollar index firmed by 2%. The chocolate confectionary market size is expected to rise in all regions in 2019, with the Asia Pacific region recording the highest growth in 2018 at 3%. Cumulative cocoa arrivals in Côte d'Ivoire ports reached 327,000 tonnes, up 46% from the same period last season, and grindings data showed an increase in demand in Africa, Europe, Asia, and North America.

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Description

Cocoa prices increased in October 2018, with the London market rising 13% to $2,182/tonne and the New York market rising 11% to $2,233/tonne, due to increasing...

Technical Information

  • File Format: PDF
  • File Size: 243 KB
  • Pages: 2
  • Language: EN
  • Author: Elizabeth Gyamfi
  • Total Downloads: 99
  • Last Updated: 1 week ago

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