April 24, 2018 / 9:07 AM / a year ago

Cargill sees balanced global cocoa market in 2017/18

BERLIN, April 24 (Reuters) - Cargill sees the global cocoa market broadly balanced in the current 2017/18 season, the company’s commercial director for cocoa said on Tuesday.

While crops in West Africa got off to a strong start, production has tapered off, Cargill’s Francesca Kleemans told Reuters on the sidelines of a conference in Berlin.

Kleemans pegged this on a combination of drier weather earlier in the season and the impact of depressed global prices. (Reporting by Ana Ionova Editing by Andrew Heavens)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below