Infos Business of Friday, 26 February 2016

Source: investiraucameroun.com

TelcarCocoa and Olam control cocoa exports since october

Cacao Cacao

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With 47,851 tons of cocoa exported between October 2015 and January 2016, of which over 16,000 tons for the month of December alone, TelcarCocoa, the trader for the American firm Cargill in Cameroon, leads exporters of beans in the country, according to the National Office of Cocoa and Coffee (ONCC) statistics.

Telcar is followed by the Singaporean Olam, which has exported 25,431 tons of cocoa since October 2015, with a peak of 7,341 tons exported last December. With 14,445 tons exported to date, the company NdongoEssomba, a Cameroonian operator, completes the trio of the largest exporters of beans since the start of the 2015-2016 cocoa season in Cameroon.

The national production during this campaign is estimated at 210,000 tons, a decrease of around 20,000 tons compared to the 232,000 tons of the previous season. This decrease, we learn, is due to the so-called dormant period of cocoa farms that occurs every 5 years.