logoBC
Yaoundé - 10 December 2019 -
Agriculture

Cocoa: Farmgate prices rise to XAF1,250

Cocoa: Farmgate prices rise to XAF1,250
  • Comments   -   Thursday, 21 November 2019 16:57

(Business in Cameroon) - According to figures recently revealed by Système d’information de filières (SIF), a system that provides updated information about the coffee and cocoa sectors, farm gate prices for cocoa beans in production basins in Cameroon has reached a maximum of XAF1,250 per kilogram on November 21, 2019. At the beginning of the month, it was XAF1,220.

This XAF30 increase in the country's production basins comes at the end of the rainy season and announces an improvement in end-of-year sales.

These prices reflect the growth in demand, with the arrival of new processors in the country.

One of those processors is Neo Industry, which launched its activities in the Western region, and Atlantic Cocoa, which is preparing to launch its operations in the industrial zone of Kribi deep seaport in the Southern region.

BRM

cameroon-companies-lost-xaf800-bln-to-socio-political-crisis-within-3-years-gicam
The Inter-Patronal Grouping of Cameroon (GICAM) recently updated its data on the socio-political crisis raging the North-West and South-West since October...
cameroon-gathers-partners-around-torn-anglophone-region-s-reconstruction-plan
Cameroon's Prime Minister, Joseph Dion Ngute, announced on his twitter account that he recently brought together “about fifteen” representatives of...
cameroon-feicom-redistributed-xaf88-8-bln-to-municipalities-in-2018
In Cameroon, the Special Fund for Equipment and Inter-municipal Assistance (FEICOM) collected revenues amounting to XAF158.3 billion in 2018, a little...
cameroon-generates-an-average-of-xaf140-bln-year-from-the-distribution-of-oil-products
Every year, Cameroon generates an average of XAF140 billion from the distribution of oil products. This was revealed by the minister of water and energy...

Mags frontpage


Business in Cameroon n81: November 2019

The growing weight of Moroccan banks in Cameroon


Made in Cameroon products gradually take over supermarkets


Investir au Cameroun n91: Novembre 2019

Le poids croissant des banques marocaines au Cameroun


Le Made in Cameroon progresse dans les supermarchés