Cocoa grindings post surprise increase
date:Apr 22, 2013
demand and consecutive quarters of increases over year-earlier quarters may indicate a recovery in demand that dropped off after the economic downturn in 2008, especially in Europe, the worlds largest per capita chocolate consumer. Some have questioned the accuracy of cocoa bean grind as a gage of chocolate demand, especially in Europe, because more processors have shifted operations to plants in countries of origin, such as in top-producing Ivory Coast.
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