Cocoa Arrivals From Brazil’s Bahia Region Decline, Hartmann Says

 

By Luzi Ann Javier

 

Jan. 19 (Bloomberg) -- Cocoa arrivals from Bahia, Brazil’s biggest growing region, fell from a week earlier, in line with the seasonal decline seen in previous years, analyst Thomas Hartmann said.

Arrivals from Bahia totaled 20,038 bags in the week ended Jan. 16, Hartmann wrote in a report dated yesterday. That compares with 28,414 bags that he reported a week earlier. Total arrivals from Brazil were 32,541 bags, compared with 43,692 bags a week earlier. A bag weighs 60 kilograms (132 pounds).

B

ahia represents at least 70 percent of the country’s output, Hartmann said Sept. 2. He is a board member of the Commercial Association of Bahia and is in charge of the group’s statistical service on Brazilian cocoa output, according to an e-mail that day.

--Editors: Richard Dobson, Matthew Oakley.

To contact the reporter on this story: Luzi Ann Javier in Manila at ljavier@bloomberg.net

To contact the editor responsible for this story: James Poole in Singapore at jpoole4@bloomberg.net