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Yaoundé - 26 March 2019 -

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Agriculture

Cemac: export prices of metal and agricultural items forecasted to grow by 5% and 2% respectively, in 2019

Cemac: export prices of metal and agricultural items forecasted to grow by 5% and 2% respectively, in 2019
  • Comments   -   Tuesday, 26 February 2019 14:00

(Business in Cameroon) - The world prices of agricultural products exported by Cemac countries (cocoa, coffee, cotton etc.) are expected to bounce back, growing by 2% this year, compared to late 2018 when they declined 1.9% in the fourth quarter.

Statistics provided by the central bank Beac also forecast an increase by 5% in metals’ export prices, following flat prices in Q4 2018. According to the bank, the uptick is in line with a “supply reduction outlook and the control of commercial disputes.”

BRM

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