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Cocoa summit foresees slight rise despite pests
Posted On 02 Sep 2015
Imagen: El Universo
It is expected that the closure of the third World Cocoa Summit generates contracts for $ 15 million in coffee and cocoa, $ 500,000 more than what was achieved in 2014 when it sold $ 14.5 million, Pro Ecuador said in a statement.
In total, the country exported 240,000 tons of cocoa (about $ 700 million) last year, according to figures from the National Association of Cocoa Exporters of Ecuador (Anecacao).
The forecasts come together in less than a week that both sectors were declared in emergency by the Government due to pests.
According to estimates of Ontaneda, the cocoa production could be cut between 30,000 and 40,000 tonnes this year. The Monilla and Witch Broom pests have diminished 4% of the current production, ie, about 10 thousand tons, Vice President Jorge Glas Espinel reported.
This year, 50 buyers, 18 more than in 2014, from countries such as Germany, Argentina, Australia, Japan, Sweden, Uruguay, Chile and France came to the summit in search raw, semi-processed materials and products with added value.
Source: http://www.eluniverso.com/noticias/2015/09/02/nota/5099315/leve-alza-preve-cumbre-cacao-pese-plagas
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