Asia’s cocoa grind dropped 17.2% in the fourth quarter after an economic slowdown in China, adding another cocoa processing decline to the world jigsaw.
North America’s third quarter cocoa grind is the highest of any quarter since the National Confectioners Association began to collaborate data for the US, Mexico and Canada in 2009. The Asian Q3 cocoa grind has also jumped 12%.
Asia’s cocoa grind for the third quarter has remained essentially flat compared to last year after growth in the previous two quarters, figures released yesterday show.
