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Exports of semi-finished cocoa products from Ivory Coast were 305,612 tonnes from October to June of the 2013/14 season, up more than 5 percent compared with the same period last year, provisional port data showed on Friday. The cocoa season in the world's top producer runs from October to September. Investments in cocoa processing facilities in Ivory Coast have increased local grindings since 2008.
In 2010, the West African country overtook the Netherlands to become the world's top cocoa grinder with a capacity of 532,000 tonnes of beans, which are transformed mainly into cocoa butter and powder. Ivory Coast grinds around 35 percent of its beans locally but aims to process half of its average annual production of roughly 1.4 million tonnes domestically as part of reforms llaunched last season.

Copyright Reuters, 2014

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