Douala-Cameroon:Cocoa prices rose 4.3% from last week at Cameroon's main port due to low supplies of the beans

Cocoa prices rose 4.3% from last week at Cameroon's main port due to low supplies of the beans, traders and exporters said Monday.

A kilogram of cocoa beans was selling for 1,863 Central African francs ($3.14), up from 1,786 Central African francs a kilogram a week ago, according to figures from the country's cocoa board. Cameroon is the third-largest cocoa producer in West Africa, the world's top cocoa region.

The country's mid-crop cocoa production is gaining steam after a delay. Mid-crop harvests routinely run from May/June and end in August/September, but months of extensive dry weather have caused concerns that this year's output could fall further than expected.

Cameroon produced over 232,000 metric tons of cocoa in the 2014-2015 season, according to industrial and government figures.

 Emmanuel Tumanjong

 

Share your views on this article
Concord Essen

Website: www.cameroon-concord.com Email This email address is being protected from spambots. You need JavaScript enabled to view it.

Cameroon Concord  is an online publication covering and reporting on  local and world news, sports, entertainment, politics, business, and religious news. Serving Cameroonians .

Newsletter

 

Get the latest news and information delivered directly to your inbox by subscribing to our news alerts.

ADVERTISE

X

Right Click

No right click

We use cookies to improve our website. By continuing to use this website, you are giving consent to cookies being used. More details…