Cocoa Arrivals From Brazil’s Bahia Decline 11%, Hartmann Says

Cocoa arrivals from Bahia, Brazil’s biggest growing region, declined 11 percent from a week earlier, according to analyst Thomas Hartmann.

Deliveries to shippers and processors totaled 57,390 bags in the week ended Dec. 25, Hartmann wrote in a report yesterday. That compares with 64,839 bags he reported a week earlier. Total arrivals across Brazil were 64,394 bags, compared with 75,159 bags a week ago, he said. A bag weighs 60 kilograms (132 pounds).

Bahia has accounted for 74 percent of Brazil’s cocoa production and 94 percent of its 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.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE