Eddie:
Can you please provide some more details about specifics of Colombian cocoa? In order to make good chocolate you have to start out with good cocoa.
Does Coinex operate in a specific province (I know that Santander grows the most cocoa, followed by Huila and then Arauca), what sorts of varietals you're working with, what is typical of your post-harvest processing processes to improve quality. You mention some of the lowest manufacturing costs - I assume that is chocolate - but what is the differential between the price at the gate, the local market price, and the price the exporter pays - and then receives?
I know the Colombian government is committed to a vast expansion of the cocoa industry in the next decade, growing production from 42,000MT in 2006 to over 200,000MT in 2020.
Thanks,
:: Clay
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