For those of you interested...Cocoa bean processing this first quarter here in North America bounced up 16% while the expected cocoa grindings in Europe increased by 8% for this coming May.
The May delivery spots for raw cacao in the European market are running $3,355 for a pallet (Imperial 1 ton).
I think all of this points to a few different possibilities. The most important possibility is this is a sign that there is a slowing of the downward spiral of world wide depression/recession. The other possibility is there will be an increase in cocoa powder availability by June, thus ending a world wide shortage.
So, there's no better time to be in the cosmetics industry then now. And if you're already in the cosmetics industry, this is the time to switch from that horrible cheap shea butter and go back to the good stuff that really works like cocoa butter.
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