The U.S. cocoa grind is scheduled to be released Thursday at 4 p.m. EDT. First notice day for May cocoa is Friday. In general Grindings (demand) is a key indicator of cocoa demand, which has been falling in the wake of the global economic slowdown.
The ECA (European Cocoa Association) reported that Q1 cocoa grind falls 11.1% (315,177 MT – that’s 694,839,214 lbs!)
Who is the ECA?
Trade association representing the European cocoa sector and regrouping the major companies involved in the cocoa bean trade and processing, in warehousing and related logistical activities.
ECA Members represent two-thirds of Europe’s cocoa beans grinding, half of Europe's industrial chocolate production and 40 % of the world production of cocoa liquor, butter and powder.
Who are the ECA Members?
Grinding members: ADM Cocoa, a unit of Archer Daniels Midland Co. (ADM); Barry Callebaut AG (BARN.EB); Delfi Cocoa Europe, a division of Petra Foods Ltd. (P34.SG); ECOM/Dutch Cocoa; and Gerkens Cacao, a unit of Cargill Inc.
The ECA (European Cocoa Association) reported that Q1 cocoa grind falls 11.1% (315,177 MT – that’s 694,839,214 lbs!)
Who is the ECA?
Trade association representing the European cocoa sector and regrouping the major companies involved in the cocoa bean trade and processing, in warehousing and related logistical activities.
ECA Members represent two-thirds of Europe’s cocoa beans grinding, half of Europe's industrial chocolate production and 40 % of the world production of cocoa liquor, butter and powder.
Who are the ECA Members?
Grinding members: ADM Cocoa, a unit of Archer Daniels Midland Co. (ADM); Barry Callebaut AG (BARN.EB); Delfi Cocoa Europe, a division of Petra Foods Ltd. (P34.SG); ECOM/Dutch Cocoa; and Gerkens Cacao, a unit of Cargill Inc.
Bean processors: Cadbury Schweppes PLC (CSG), Carletti, Cioccolato Peyrano, Euromar, Ferrero SPA, Fuchs & Hoffmann, Hachez, Herza, Icam, Kessko, Kraft Foods Inc. (KFT), Lindt (Italy), Ludwig, Majani, Natra, Nederland, Nestle SA (NESN.VX), Schokinag, Schwartauer Werke, Storck, Weinrich and Toms.
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