Cameroon: Cocoa Prices Remain Largely Steady in April


Cocoa prices in Cameroon remained largely steady in April, ranging from 1300 CFA francs ($2.23) in the South-West region to 1600 CFA francs in the Centre. Joachim Landry Nanga Mevoa, the general director of the Cameroon agro-business cooperative (Camagrob), said the crop has not been good so far, partly because farmers have used non-approved pesticides.

But Laurent Atangana, a cocoa producer, blamed buyers who purchase beans illegally before the crop has been dried or harvested, decreasing the price for producers. Not all regions have been affected by stagnant prices and buyers have regularly purchased beans in the Centre area for prices higher than in other regions.

Below are the average farmgate prices in CFA francs per kg, recorded throughout the central African country's growing regions:

Region     
District
Price(in CFA/kg)
South West
Mamfe
1300

Konye
1350

Muyuka
1300

Kumba
1380
Centre
Mbalmayo
1500

Emana
1600

Bafia
1450
South
Ebolowa
1350

Sangmelima
1400