The latest QBCS contains revised forecasts for the current 2006/07 cocoa year of world production, grindings and stocks of cocoa beans. The data published in this issue, Vol. XXXIII No. 2, Cocoa year 2006/07, reflect the most recent information available to the ICCO Secretariat as at the beginning of May 2007.
Summary of forecasts and revised estimates
| Cocoa year (Oct-Sep) |
2006/2007 |
2007/08 |
Year-on-year change |
||
| Previous estimates a/ | Revised estimates | Forecasts | |||
|
(thousand tonnes) |
(Per cent) | ||||
| World production | 3 721 | 3 472 | 3 444 | -277 | -7.4% |
| World grindings | 3 492 | 3 540 | 3 555 | +63 | +1.8% |
| Surplus/deficit b/ | +192 | -103 | -145 | ||
| End-of-season stocks | 1 882 | 1 757 | 1 737 | -145 | -7.7% |
| Stocks/Grindings ratio | 53.9% | 49.6% | 48.9% | ||
Notes:
a/ Forecasts published in Quarterly Bulletin of Cocoa Statistics, Vol. XXXIII - No. 1 - Cocoa year 2006/07
b/ Surplus/deficit: net world crop (gross crop adjusted loss in weight) minus grindings
Totals and differences may differ due to rounding.
This issue also contains:
Current and back issues of the Bulletin, including Microsoft Excel files and Adobe PDF format for Windows operating system can be ordered from the Secretariat or by clicking on the order form.
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