Cocoa export drops due to weather

Tue, 03/13/2012 - 09:11
IN

The country’s cocoa bean export dropped in the January-February period of this year due to poor weather condition, Chairman of the Indonesian Cocoa Association (Askindo) Zulhefi Sikumbang said.

He said that the poor weather has affected production last year, and thus significantly cut down export volume to 4,000 tons in the January-February period compared to 40,000 tons in the same period of last year.

Askindo Secretary Firman Bakrie said that the slower export in the early part of the year will affect the overall export performance of 2012, but did not provide prediction.  He only said that export this year is unlikely to surpass last year’s 200,000 tons particularly due to the government export tax policy on the beans.  In 2010, the country, the world’s third largest cocoa bean producer, exported 430.000 tons of cocoa beans.

Firman said that cocoa production in the country this year is predicted to increase by 16.3 percent to 500,000 tons.  But the estimated increase this year is still lower than the production record in 2010. (rei)

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