West Africa set for another big cocoa season

Commodities Now (October 5, 2011) | West African plantations will churn out huge amounts of cocoa during the early months of this season thanks to near-ideal growing weather, and the full harvest is likely to rival last year’s record volumes. The region produced a record of nearly 3.2 million tonnes of cocoa during the 2011-12 season that just ended, raising its share of the global market to about 75% from two-thirds.