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Cocoa: Drop In Prices As Rains Begins

Although there are no abundant rainfalls yet, the short rainy season effectively started in Cameroon since March 15, 2020. According to the National Cocoa and Coffee Board (NCCB), the start of this season was followed by a slight decline in cocoa prices in the country. According to figures revealed by SIF, a system that provides updated information about the coffee and cocoa sectors, the price of a kilogram of cocoa was between FCFA 1,000 and FCFA 1,100 on March 24. These figures show a drop between FCFA 80 and FCFA 100 per kilogram since the price of the same quantity of ...

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