European Cocoa Processing Rose 3.5% in 1st Quarter, ECA Says

European cocoa usage rose 3.5 percent in the first quarter from a year earlier, figures from the European Cocoa Association showed.

Bean processing climbed to 353,103 metric tons from 341,096 tons a year earlier, the Brussels-based industry group said today in its first-quarter grind report. This was the first increase in six months. The so-called grind fell 2.5 percent to 342,427 tons in the fourth quarter from the year-earlier period.

The so-called grind in Germany climbed 23 percent to 108,816.6 tons in the first quarter from a year earlier, the Association of the German Confectionery Industry, or BDSI, said in a separate statement.

The European cocoa association gathered its figures from 24 companies including Kraft Foods Inc. (KFT) and Ferrero SpA.

To contact the reporter on this story: Isis Almeida in London at

To contact the editor responsible for this story: Claudia Carpenter at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.