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Cocoa Arrivals From Brazil’s Bahia Advance 24%, Hartmann Reports

July 18 (Bloomberg) -- Cocoa arrivals from Bahia, Brazil’s biggest growing region, gained 24 percent in the week to July 15, according to analyst Thomas Hartmann.

Deliveries to shippers and processors rose to 81,476 bags in the period, Hartmann said in a report yesterday. That compares with the 65,443 bags reported a week earlier. A bag weighs 60 kilograms (132 pounds). Total arrivals across Brazil were 118,608 bags compared to 118,866 bags a week earlier.

Bahia accounted for 74 percent of Brazil’s cocoa output and 94 percent of 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.

To contact the reporter on this story: Luzi Ann Javier in Singapore at ljavier@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

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