Indonesia Cocoa Output May Jump 20% in 2013, Institute Says

By webadmin on 11:31 am Jun 14, 2012
Category Archive

Marvin G. Perez

Indonesia’s cocoa output may climb 15 percent to 20 percent in 2013 after growers boosted planting, said John Bako Baon, a senior research scientist at the Indonesian Coffee and Cocoa Research Institute.    

“A national program to increase and rehabilitate cocoa production and processing” started in 2009, he said in an interview today in Washington at an industry conference sponsored by the World Cocoa Foundation.    

Output in 2012 may be 500,000 metric tons, he said. Ivory Coast is the world’s biggest producer, followed by Ghana and Indonesia.      
  
More beans may be used for grinding in the domestic market in 2013, limiting exports, he said. Shipments this year may be 120,000 tons, he said.    

Indonesia imposed an export tax of 5 percent to 15 percent on cocoa beans in April 2010 to expand its processing industry. The country’s grinding capacity expanded to 480,000 tons this year from 250,000 tons in 2009, Trade Minister Bayu Krisnamurthi said in May.

Bloomberg