Bloomberg News

Cameroon Cocoa Grinder’s Purchases Fall 48% in May to 434 Tons

June 26, 2012

Cocoa purchases by Cameroon’s major grinder of the chocolate ingredient fell 48 percent in May, the Cocoa and Coffee Board and the Cocoa and Coffee Interprofessional Board said in a joint report.

Sic-Cacao bought 434 metric tons of beans compared with 842 tons a year earlier, the institutions said in a text message from the port city of Douala today.

Chococam, another main buyer, bought no beans, according to the message. The two grinders have bought 28,466 tons since the season started on Aug. 1. Cameroon is Africa’s fourth-largest producer of the crop, after Ivory Coast, Ghana and Nigeria.

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: Emily Bowers at ebowers1@bloomberg.net


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