Malaysia 4Q cocoa grindings rose 3.7% y-o-y: Cocoa Board

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KUALA LUMPUR (Jan 12): Grindings rose to 59,137 tons in the fourth quarter from 57,029 tons during same quarter in 2016, according to e-mailed statement from Malaysian Cocoa Board and Cocoa Manufacturers Group on Friday.

* Grindings +6.2% q-o-q from 55,665 tons in 3Q

* Malaysia total 2017 cocoa grindings +7.5% y-o-y to 218,258 tons vs 203,093 tons in 2016: board

* "The positive growth of the cocoa grindings for the previous quarter had improved the overall total Malaysia’s cocoa grindings for 2017": statement

* NOTE: Malaysia Cocoa Grindings Seen About 200,000 Tons in 2017: Board