Cocoa prices at Douala fall below CFA2,000, undercutting dry-season hopes

Yesterday , cocoa beans loaded for export at the port of Douala were trading between CFA1,800 and CFA1,950 per kilogram, according to data from the Système d’information des filières, a price-monitoring platform run by the National Cocoa and Coffee Board. The level represents a decline of about CFA200 to CFA300 compared with two weeks earlier, pushing export prices back below the symbolic CFA2,000-per-kilogram threshold at Cameroon’s main cocoa port. The drop has filtered through to purchase prices in producing areas, at a time when growers had been expecting an improvement with the onset of the dry season, which began in…