(Business in Cameroon) - Based on data compiled in the Sector Information System (SIF), which publishes on a daily basis the average cocoa and coffee prices throughout the country, one kilogram of beans has been sold these past weeks in the production areas between FCfa 900 and 960 on average.
In some remote areas at the start of this rainy season, particularly in the South-West region, it is not rare for a kilogram of cocoa beans to be sold at FCfa 700 to exporters, authorized sources in the sector inform.
At the origin of this drop in farm gate cocoa prices, whose prices reached 1,600 per kilogram in some production areas during the previous crop season, operators particularly point out the downward trend in cocoa prices on the international market.
BRM