Ivorian San Pedro cocoa arrivals 340,396 T by Dec 31-BCC

Thu Jan 5, 2012 9:48am GMT

 

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ABIDJAN, Jan 5 (Reuters) - Cocoa arrivals at Ivory
Coast's port of San Pedro reached 340,396 tonnes by Dec. 31
since the start of the season in October, according to data from
the Coffee and Cocoa Bourse (BCC) obtained by Reuters on
Thursday 
    That compared with 315,203 tonnes delivered to the port
during the same period of the 2010/11 season.  
    The figures showed that 23,630 tonnes arrived at San Pedro
port from December 26 to 31, down from 27,405 tonnes in the same
period of the previous season. Data for the port of Abidjan were
not immediately available. 
    The following is a list of cocoa arrivals at Ivory Coast's
port of San Pedro to December 31, by volume to the nearest tonne
and by company:  
  Exporters                  Dec 26 to Dec 31    Cumul at Dec 31 
 *SACO-Barry Callebaut                 3,824           56,608
 (Switzerland)                                
 ADM Cocoa Sifca-ADM Cocoa             3,354           50,341
 (U.S)                                        
 Cargill West Africa (U.S)             3,117           47,776
 SAF-CACAO                             3,073           39,792
 TOUTON Negoce (France)                1,934           25,425
 OUTSPAN-OLAM (Singapore)              1,449           23,483
 ZAMACOM-Ecom Trading                  1,320           17,239
 (Switzerland)                                
 COCAF-NOBLE (Singapore)                 393           16,105
 ARMAJARO (U.K)                          852           13,659
 *SUCSO                                  874           10,861
 CEMOI-Cantallou (France)                675           10,291
 NOVEL (Switzerland)                     341            6,419
 2CICS                                   770            6,563
 GCOMCI                                  412            5,570
 COOPADIS                                531             4085
 SIVECCO                                 370            3,545
 Omnivalue                               216            1,309
 Miral                                   125              915
 CAS                                       0              410
                                                            0
 Total                                23,630          340,396
 * Represents company with local grinding capacity  
 
 (Reporting by Ange Aboa; editing by Bate Felix)

Ivorian cocoa prices rise on supply concerns

Thu Jan 5, 2012 12:49pm GMT

 

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* Exporters fear beans shortage from Feb

* Dry harmattan hurting crop outlook

By Loucoumane Coulibaly

ABIDJAN, Jan 5 (Reuters) - Farmgate cocoa prices in Ivory Coast's main growing regions rose slightly last week as buyers built stockpiles ahead of an expected slowdown in supply from February, farmers said on Thursday.

A dry harmattan wind that has been hitting the region also could hinder cocoa bean development and curb output.

"There is a worry that there will not be enough cocoa in the weeks to come," said a purchase manager at an Abidjan-based international cocoa export firm.

"The pace of delivery of beans from the farms to the city is falling sharply," the manager said, asking not to be named.

He added that prices in the port of Abidjan were around 715 CFA francs ($1.41) per kg, up from around 700 CFA francs the previous week.

"Prices have risen a bit because cocoa is hard to find. Buyers now have to go far into the hinterland for a few beans," said Abel Konan who farms in the outskirts of Daloa.

"Buyers are seeking a lot of cocoa. We feel they are worried about not having enough cocoa to satisfy their clients in the city," Konan said.

In the western region of Soubre, in the heart of the Ivorian cocoa belt, farmers said the average price rose to about 625 CFA francs per kg from 600 CFA the previous week.

"The weather is bad. Buyers from major exporting companies are afraid of not having enough export-size beans in a few weeks. They are making a lot of purchases. The competition is strong," said Salam Kone.

In the western region of Gagnoa, farmers said prices ticked slightly higher to 575 CFA francs per kg from 550 CFA francs as buyers doubted they would get beans in the last two months of the main cocoa crop harvest.

"The main harvest (from October to March) will end with some difficulties. Some buyers are already in doubt because they wonder how they will fulfill their contracts," said François Badiel, a farmer and manager of a local cooperative.

($1 = 508.1390 CFA francs) (Writing by Bate Felix, editing by Jane Baird)

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