[ad_1]

Nov 16 (Reuters)Cocoa processing in Brazil, the world’s fifth-largest chocolate consumer, increased by 3.5% in October compared with the same period a year earlier to 20,766 tonnes, industry group AIPC said in a report on Wednesday.

Considering cumulative grinding in the year to October, the industry is still lagging the same period in 2021 by 0.4%. Total grinding in the period was 186,122 tonnes.

AIPC said that locally-produced cocoa delivered at processing plants in Brazil reached 16,810 tonnes last month, 22% more than in the same period a year before.

The group said there were no imports of cocoa into Brazil in October. Imports in the year so far are at only 11,034 tonnes, versus 46,757 tonnes for the same period in 2021.

(Reporting by Marcelo Teixeira in New York; Editing by Chizu Nomiyama)

((marcelo.teixeira@tr.com; +1 332 220 8062; Reuters Messaging: marcelo.teixeira.thomsonreuters.com@reuters.net – https://twitter.com/tx_marcelo))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *