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  • MSC, YOUR PARTNER THROUGH COCOA'S JOURNEY

  • MSC, YOUR PARTNER THROUGH COCOA'S JOURNEY

  • MSC, YOUR PARTNER THROUGH COCOA'S JOURNEY

  • MSC, YOUR PARTNER THROUGH COCOA'S JOURNEY

  • MSC, YOUR PARTNER THROUGH COCOA'S JOURNEY

COCOA SUPPLY DATA ‘ROBUST’

COCOA SUPPLY DATA ‘ROBUST’



Commerzbank Research says the cocoa price remains volatile although another large crop is expected in Côte d’Ivoire.

Commerzbank said arrivals in Côte d’Ivoire are prompting observers to expect a large crop of approximately the same size as last year, when a record crop was harvested.

“The fact that political protests have come to an end in Ecuador, the third-largest growing country, and apparently not disrupted production of cocoa, is also reassuring,” said Commerzbank.

It noted that Ecuador is expected to export a record amount of cocoa in 2019/20, as it also did last year.

“Excessive rainfall in Côte d’Ivoire of late has led to uncertainty about global supply,” said Commerzbank.

“If the rains cause widespread disease and hamper harvesting for a prolonged period, sentiment could turn.

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