Cacao Production Will Keep Rising In 2015

Projections are that next year's global grain production will remain insufficient to meet the growing demand, raising the international price to historically high levels.

Wednesday, December 3, 2014

In the international market the price of cocoa reported a 10% increase up to September this year, reaching $3.39 per ton of grain in the stock market in New York. It is expected that this trend will continue in 2015 due to high demand for the product.

Andreas Jacobs, Chairman of Barry Callebaut, told the AFP that "... We can not give numbers because much depends on the production that we will have, but we do expect high demand and better prices. We expect higher prices next year. Do not know by how much, but they could be the best of the last 10 years. "

Estrategiaynegocios.net reports that "... Juergen Steinemann, CEO of the company, said that 'demand for cocoa and chocolate has been greater than production, a problem that will continue next year.' "

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