Direct transactions with producers are now being conducted within a range of 2,750 to 2,850 CFA francs per kilogram as of July 9, 2026, approaching the psychological threshold of 3,000 CFA francs. The upward trend erases the stagnation observed at the beginning of the month, when prices were stagnant between 2,500 and 2,600 CFA francs, restoring purchasing power to farmers after a long period of hardship where they had to wait until June 22, 2026, to see a breakthrough above the 2,000 CFA franc mark.

However, the year-end surge is taking place in a global macroeconomic environment that is significantly less lucrative than in previous years. Current price levels remain well below the historical highs recorded during previous campaigns, during which the kilogram peaked at 5,400 CFA francs in 2024-2025 and up to 6,000 CFA francs during the 2023-2024 season. The reversal of the international trend is disappointing the initial projections of the authorities in Yaoundé, who had planned, at the launch of operations in Mbankomo on August 7, 2025, a price range of between 3,200 and 5,400 CFA francs. The decline in financial returns is explained by the revaluation of the International Cocoa Organization's (ICCO) supply balances, whose expertise validates the return of a global surplus of cocoa beans after the structural deficit of the previous period.

The renewed abundance of supply in Western consumption markets, combined with a slowdown in industrial grinding, limits the long-term rebound capacity of the national sector. The late surge observed in Cameroonian production areas is mitigating the losses of agricultural cooperatives without, however, restoring the exceptional profit margins of the last two years. The major challenge for exporters now consists of liquidating residual stocks before the opening of the next cycle, while negotiating long-term contracts capable of protecting farmers against a new downward correction in global prices on the London and New York exchanges.


BCN

Tags: cacao prix du cacao marché du cacao francs cfa économie agriculture cameroun produits de base commerce international