April 19, 2019 / 12:45 PM / a month ago

Ivory Coast cocoa grinding up 5.5 pct through March 31 - exporter stats

A man cuts a cocoa pod from a tree on a plantation in Toumodi, Ivory Coast. REUTERS/Thierry Gouegnon/File Photo

ABIDJAN (Reuters) -

*Ivory Coast’s cocoa grinders processed 268,000 tonnes of beans between Oct. 1 and March 31, data from exporters’ association GEPEX showed on Friday, up from 254,000 tonnes during same period last season.

*Ivory Coast’s 2018/19 Q2 grinding reached 132,388 tonnes, up 1.5 percent year on year from 130,215 tonnes.

*Grinders processed 44,000 tonnes of beans in March, down from 45,000 tonnes during the same month last season.

*The GEPEX data only covers six of the largest grinding companies, including Barry Callebaut, Olam and Cargill, among 12 active firms.

*Ivory Coast is world’s top cocoa producer and vies with the Netherlands for the top grinder spot.

*The West African nation has total grinding capacity of 712,000 tonnes, but only ground 505,000 tonnes of beans last season.

Reporting by Ange Aboa; Editing by Sofia Christensen and Mark Potter

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