17% decline in Cameroon cocoa grinding at 2014-2015 season midpoint

Agriculture

17% decline in Cameroon cocoa grinding at 2014-2015 season midpoint

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- Friday, 27 February 2015 03:10

(Business in Cameroon) - Local grinders only bought 24,855 tonnes of cocoa up to late January 2015 which is six months in to the 2014-2015 cocoa season. According to the ONCC, this represents a 17% decline in grinding relative to the same period the previous year.

Meanwhile, 146,893 tonnes of cocoa have been exported. So far, Cameroon has processed only 12.5% of the 171,748 tonnes of cocoa theoretically produced in late January 2015, excluding stored produce for which statistics are currently unknown.

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