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Arabica Coffee Trade Resumes in Cameroon's Northwest Region--Traders

17 Sep 2017 1:42 pm

By Emmanuel Tumanjong

YAOUNDE, Cameroon--Marketing of arabica coffee resumed in Cameroon's northwest region this week, a locality that has been marked by months of political tensions, farmers and traders told Dow Jones Newswires Sunday.

Prices paid for a kilogram of arabica coffee jumped to 700 Central African francs ($1.27), up 16.66% from XAF600/kg traders paid for the crop sold two weeks back, according to farmers and traders in the locality.

The coffee business, like others are slowly regaining steam after being stalled for weeks on political tensions in the region, a major producing area that accounts for about 40% of the country's yearly arabica coffee output, farmers and traders said.

Several government facilities were torched three weeks ago when armed men protested a government-deployed patrol in the English-speaking province's locality of Bui, a key producer of arabica coffee, after crowds came to the streets to raise objections to a man's death.

Several middlemen traders and farmers who had deserted markets said they started reselling their crops this week.

Prices rose in northwestern Cameroon this week because many traders who had moved to buy arabica coffee from the neighboring West Region, which accounts for an estimated 60% of the country's production, have returned to buy in the English-speaking province.

Sporadic clashes have increased in English-speaking Cameroon since the last quarter of 2016, closing schools and businesses, with residents pressing for better education, infrastructure and an improved judiciary.

Write to Emmanuel Tumanjong at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

September 17, 2017 09:42 ET (13:42 GMT)

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