(Business in Cameroon) - In Cameroon, the cocoa trade market is dominated by a few number of traders, the National Cocoa and Coffee Board (ONCC) revealed. Indeed, three operators alone accounted for 56% of the 170,981,084 tons of cocoa exported during the 2017-18 market year which ended mid-July.

Telcar Cocoa provided 27% of exports. Though it witnessed a decline in activities, consecutive to troubles in the South-West region (its flagship production zone), this local trader of U.S. firm Cargill succeeded in keeping its lead position on the local market. Olam and Cameroon's Ndongo Essomba, closed the top 3, accounting for 20.7% and 8% of bean exports, respectively, in the 2017-2018 season.

Let’s recall that during the period, the overall volume of cocoa traded was valued at 253,510,430 tons, over 20,000 tons more than the previous season.

BRM