- Reuters•2 months ago
Brazil's new-crop cocoa production is poised for a recovery after a steep fall in the previous season due to drought, according to estimates from an analyst and the main local industry association. According to the AIPC, the association which represents cocoa processors in the country such as Olam, Cargill and Barry Callebaut, Brazil should produce around 200,000 tonnes of cocoa almonds in 2016/17 (Oct-Sept) compared to 150,000 tonnes in the previous season. Brazil's cocoa industry has an installed capacity to process 275,000 tonnes, among the five largest processing centers in the world, but usually grinds around 240,000 tonnes.
- Reuters•3 months ago
Ivory Coast will sell 400,000 tonnes of its 2016/17 cocoa mid-crop harvest exclusively to locally based grinders via special auctions beginning in January, marketing board and finance ministry sources said on Tuesday. The world's top cocoa grower typically produces around 400,000 tonnes of cocoa during the April-to-September mid-crop, but it saw output drop to around 316,000 tonnes last season due to poor weather. Ivory Coast has vied with the Netherlands to be the global leader in cocoa processing in recent years.
- Reuters•5 months ago
Drought has damaged Brazilian cacao farms and will force the domestic processing industry to import seven times the volume of chocolate's main ingredient in 2016 than it did last year, the AIPC industry association said on Wednesday. Brazil will import 80,000 tonnes of the commodity in 2016, up from 11,000 tonnes in 2015, AIPC said, adding it was pushing the government to lift the ban on Ivory Coast cacao imports. Eduardo Bastos, executive director of the AIPC, said tight supplies were increasing the industry's costs.
BARN.SW : Summary for BARRY CALLEBAUT N - Yahoo Finance
BARRY CALLEBAUT N (BARN.SW)
Swiss - Swiss Delayed Price. Currency in CHF
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|Day's Range||1,240.00 - 1,256.00|
|52 Week Range||1,019.00 - 1,348.00|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|