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Cameroon : Cocoa Price has Surge to XAF 1600 per Kilogram in Ntui

An increase in the price of cocoa has been noticed in the production area of Ntui, in the Central region of Cameroon where a kilogram of Cocoa is sold at the XAF1640.

The information was made known after a visit completed by the Executive Director of International Cocoa Organisation the ICCO, Michel Arrion on September 9, according to the media Investire au Cameroun.

This significant record is thus attributed to a post-harvest treatment project which made it possible to obtain “zero defect” cocoa in the area.

The Executive Director of International Cocoa Organisation the ICCO expressed his astonishment over the situation as he declared, “When I hear that we manage to sell a kilogram at 1600 it’s impressive because it doubles the indicative price in other countries,” he said.

Thus, cocoa producers in the locality therefore obtained the bonus of the construction of a post-harvest cocoa processing in Ntui, by the Coco and Coffee Inter-professional council and its partners; learned the media Investire au Cameroun.

At the beginning of the month of September, the, SIF, an information system set up by the National Cocoa Board, NCCB, for current information on Price commodities documented that, the price of cocoa in Cameroon had increase to FCFA 1000 compared to the previous month which saw a slight decrease of FCFA 975-950 per kilogram by the end of July 2020 and throughout the month of August

Cameroon : Cocoa Price has Surge to XAF 1600 per Kilogram in Ntui
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