logoBC
Yaoundé - 17 January 2020 -
Agriculture

Cameroon: Cocoa farm gate price grew to XAF1,200 from XAF1,100

Cameroon: Cocoa farm gate price grew to XAF1,200 from XAF1,100
  • Comments   -   Friday, 03 May 2019 16:04

(Business in Cameroon) - Cocoa farm gate price in Cameroon’s production zones reached a maximum of XAF1,200 today May 3, 2018 while it was XAF1,100 a month earlier, according to data compiled by the sectors’ information system.

As regard the average minimum price offered to producers, it is XAF1,060 compared to XAF1050 a month earlier.

New prices are the best in at least two campaigns since they approach the peak of XAF1,500 per kilogram reached a few years ago. Improvement can be explained by the increase in demand for beans, following the recent commissioning of a new processing unit (32,000 tons).

Pressure on demand for beans is also due to the difficulties of collecting cargoes in the south-western region of Cameroon, the country's main cocoa production basin, where security tensions have been ongoing since 2017.

BRM

cameroon-kuwait-fund-s-active-portfolio-estimated-at-about-xaf20-billion
Currently (January 2020), the active portfolio of the Kuwait Fund in Cameroon includes three projects for an amount of US$35.5 million, or about XAF20...
cameroon-minimum-cocoa-farm-gate-price-drops-to-xaf1-080-per-kilogram
Since December 31, 2019, the farm-gate price per kilogram of cocoa beans in Cameroon's production basins has declined slightly from a high of XAF1,250 to...
cameroon-imposes-20-precautionary-freeze-on-some-administrations-budgets-to-ensure-proper-budget-implementation
Reading through the circular that sets the framework for the implementation of the 2020 Finance bill, it appears that Cameroonian administrations must...
cameroon-50-tons-of-fish-supplied-to-the-population-during-the-2019-holidays-thanks-to-the-agropoles-project
During the 2019 holiday season, the ponds created in Cameroon with the support of the Agropoles project helped provide 50 tons of fish to the...

Mags frontpage


Business in Cameroon n82-83: December 2019-January 2020

CFA: The debate is open in the CEMAC


Cameroon becomes CEMAC’s financial center


Investir au Cameroun n92-93: Decembre 2019-Janvier 2020

Franc CFA : le débat est ouvert en zone CEMAC


Le Cameroun devient la place financière de la CEMAC