date:Jan 20, 2014
the European Cocoa Association was 348,406 tonnes in the fourth quarter, up 6.2% from a year earlier, with annual grind at 1,329,485 tonnes, up 3%.
Cocoa bean grind is an indication of cocoa and chocolate demand. The International Cocoa Organization has forecast demand for cocoa beans will surpass production for the second consecutive year in 2014.