北美的可可豆加工量在第二季度增长了2.2%，而欧洲上周报告增长了4.1%。亚洲可可研磨量同比下降1.4%，但与预期相符，因加工商正在努力应对短缺和可可豆价格上涨的问题。Cocoa futures have risen for two consecutive days. The reason is that despite the rising price of cocoa beans and the tight supply, the processing speed of cocoa beans remains unchanged.
According to the Zhitong Finance APP, cocoa futures have risen for two consecutive days. The reason is that despite the rising price of cocoa beans and the tight supply, the processing speed of cocoa beans remains unchanged.
Data shows that the most active cocoa futures contract rose by 3.1%, helping to narrow the weekly decline.
The processing volume of cocoa beans in North America increased by 2.2% in the second quarter, while Europe reported a growth of 4.1% last week. Asia's cocoa grinding volume decreased by 1.4% year-on-year, but it was in line with expectations as processors are trying to cope with the shortage and rising prices of cocoa beans.
Data from these three regions indicates that demand remained resilient in the second quarter, as processors used cheaper inventories acquired before the price surge. This year, New York cocoa futures prices soared to a historic high due to poor harvests in West Africa, leading to supply shortages, but the prospect of improved harvests has suppressed prices.
Dixon Poh, assistant vice president of StoneX Asia’s Soft Commodities, said last week after the release of European data that despite the price rebound, “chocolate is still very popular, and some companies even reported an increase in sales.”
