Bloomberg News

Cameroon’s Cocoa Farm-Gate Prices Fell 2.8% in Week to Nov. 16

November 17, 2011

Nov. 17 (Bloomberg) -- The average farm-gate price for cocoa in Cameroon, Africa’s fourth-largest producer of the crop, dropped 2.8 percent in the week to Nov. 16.

The price declined to 1,014 CFA francs ($2.08) a kilogram from 1,043 CFA francs, James Mosima Lobe, vice-president of the Cameroon National Association of Cocoa and Coffee Producers, said today by phone from Buea in the country’s southwest.

--Editor: John Deane

-0- Nov/17/2011 12:02 GMT

To contact the reporter on this story: Pius Lukong in Yaounde via Accra at ebowers1@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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