date:Oct 15, 2015
European cocoa demand rose over the last three months, where investors were expecting stagnation.
The European cocoa grind, the volume of cocoa beans being processed into butter and powder, rose by 2% over the past three months, to 334,000 tonnes according to the European Cocoa Association.
Cocoa grinding is treated as a proxy for consumer demand for cocoa products.
Demand recovery
This marks the second three month period in which European cocoa production has risen, following a straight twe