Cocoa prices up despite good harvest

Home Markets Cocoa prices up despite good harvest
Cocoa prices up despite good harvest

Kochi: Despite a good harvest of cocoa in the current season, bean prices in the country remain high because of poor output six months ago. The cocoa bean prices are averaging Rs 200 per kg now.

“The harvest season started in March instead of the usual April and the output is better than last time, said Suresh Bhandary, MD of Campco, a major cocoa processor and chocolate producer. The shortage from the last crop is keeping the prices high, he said Cocoa, predominantly cultivated in AP and Kerala, which together account for about 80 per cent of the total Indian production, has two harvest seasons annually. The last harveRead More – Source

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