Cameroon cocoa prices rose
across all regions in May, ending months of price stagnation as increased
investment began to pay off, producers said.
Prices ranged from FCFA 1300 ($2.22) in the eastern region to FCFA 1650 in the center of the country, a slight increase on April, they said.
Prices have remained largely stagnant since the beginning of the year, but an investment of 40 million CFA francs since January from the Inter-professional Cocoa and Coffee Council has helped boost crop quality.
"In recent months, cocoa quality has improved thanks to the support program," said Maximilien Ongolo, a coffee producer in Monatele, in the central region.
Below are the average farm gate prices in CFA francs per kg, recorded throughout the central African country's growing regions:
Prices ranged from FCFA 1300 ($2.22) in the eastern region to FCFA 1650 in the center of the country, a slight increase on April, they said.
Prices have remained largely stagnant since the beginning of the year, but an investment of 40 million CFA francs since January from the Inter-professional Cocoa and Coffee Council has helped boost crop quality.
"In recent months, cocoa quality has improved thanks to the support program," said Maximilien Ongolo, a coffee producer in Monatele, in the central region.
Below are the average farm gate prices in CFA francs per kg, recorded throughout the central African country's growing regions:
|
Region
|
District
|
Price (in CFA francs per kg) |
|
|
|
|
April
|
May
|
|
Southwest
|
Mamfe
|
1300
|
1400
|
|
Konye
|
1350
|
1350
|
|
|
Muyuka
|
1300
|
1400
|
|
|
Koumba
|
1380
|
1450
|
|
|
Centre
|
Mbalmayo
|
1500
|
1650
|
|
Emana
|
1600
|
1650
|
|
|
Bafia
|
1450
|
1500
|
|
|
South
|
Ebolowa
|
1350
|
1400
|
|
Sangmelima
|
1400
|
1400
|
|
|
East
|
Bertoua
|
1300
|
1350
|
|
Yokadouma |
1250
|
1300
| |