Infos Business of Wednesday, 23 March 2016

Source: af.reuters.com

Cameroon cocoa prices broadly steady in March

Cocoa beans Cocoa beans

Buyers of cocoa in Cameroon in March paid between 1,450 CFA francs ($2.48) and 1,500 CFA francs per kg in the Centre region, while prices ranged between 1,200
CFA francs and 1,400 CFA francs in the South, Southwest and East regions, broadly in line with last month.

Cameroon's cocoa season runs from Aug. 1 to July 1, with a main harvest cycle from October to January/February and a light crop harvest period from April/May to June/July.

Below are the average farmgate prices in CFA francs per kg recorded throughout the growing regions:

Region District Price per Price per
kg in Feb. kg in Mar.
South-West Mamfe 1250 1250
Konye 1200 1300
Muyuka 1250 1200
Kumba 1300 1350
Centre Mbalmayo 1475 1500
Emana 1600 1500
Bafia 1550 1450
South Ebolowa 1400 1300
Sangmelima 1400 1300
East Bertoua 1350 1400
Yokadouma 1300 1200

($1 = 584.5800 CFA francs)