(Business in Cameroon) - In Cameroon, the current price per kg of cocoa in production areas ranges between CFA910 and CFA970, representing a decline by CFA130-90 from the last week of September, the National Cocoa and Coffee Board (ONCC) said. Surveys carried out under the Sectors’ Information System (SIF) project showed that the decline started after the price stood at CFA1000-1100 since early August.

This drop in prices can be attributable to the persistent rainy season, which makes it difficult to access certain production regions leading to additional costs for buyers.

BRM