Groundnut: Slight Increase In Price

The price of groundnut has witnessed a slight increase in markets across Buea. A bag of groundnut going by vendors at the Buea Town market, presently stands at FCFA 60.000. According to traders, during the past months of April and May, the same quantity of groundnut sold at FCFA 60.000 could be bought for FCFA 55.000. This increase has further led to a rise in its retail price. A quarter basin at the Great Soppo market sells at FCFA 3.000, a quantity which usually sells at FCFA 2.500. A cup now costs FCFA 125 from FCFA 100. Since most buyers purchase this commodity from Douala, they recounted that, they sometimes include the cost of transportation when the good is being sold.

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