Cocoa-Coffee: Togo reduces indicative prices for both crops

Agriculture
Friday, 20 May 2022 20:38
Cocoa-Coffee: Togo reduces indicative prices for both crops

(Togo First) - From May 16 to 31, the indicative price to the producers of superior quality cocoa has been set at CFA905 per kg, down 6% compared to the price set for the first two weeks of the month, knowingly CFA960.

Similarly, the price of Healthy Robusta coffee has been reduced from CFA860 to CFA845 per kg (-1.7%).  

The new indicator prices were disclosed by the Coordination Committee for the Coffee and Cocoa Sectors (CCFCC) which noted that they are determined based on global rates and calculated in relation to the July 2022 deadline. 

Between March 31 and May 16, 2022, the price of cocoa dropped by 6% while that of coffee rose by 1.8%, from CFA830 to CFA845.

Esaïe Edoh 

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