date:Jun 05, 2012
y warned of a significant supply risk to the industry.
It said that demand for cocoa is expected to climb 30% in the next 10 years creating a 25% shortage of current supply.
Last month, financial services group Rabobank, said that it also expected a deficit for current cocoa season of 33,000 mt lower than the ICCO estimates.
It added that the deficit would continue into the 2012/13 season, leading to an even larger shortage of 89,000 mt.
Impact on prices
Rabobank estimated that ICE cocoa f