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Cameroon--Cocoa prices in Cameroon's chief-producing province are down by over 18% on last week, farmers said Wednesday. Prices range...

Cameroon--Cocoa prices in Cameroon's chief-producing province are down by over 18% on last week, farmers said Wednesday.

Prices ranged between 690 Central African francs ($1.15)and XAF705 per kilogram of cocoa beans in Cameroon's south-west province this week. That was down by 18.7% from last week's XFA800/kg to XAF915/kg.

Farmgate prices have fallen for nearly a month, having been boosted earlier in 2017 by interest from Nigerian traders. The crossover trade pushed prices as high as XAF1,400/kg.

Favorable weather has boasted harvests in southwestern Cameroon, which accounts for over 40% of the country's production, according to official figures.

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