Global cocoa markets remain highly volatile following a massive price correction. On March 4, Ivory Coast officially slashed its mid-crop farmgate price by 57% to 1,200 FCFA/kg per. In Cameroon, ONCC data confirms cocoa FOB at 1,682 FCFA/kg, trailing robusta coffee (2,061 FCFA/kg) in an unprecedented market inversion per. Security in the core cocoa belt remains severely degraded. On March 6, Ambazonia fighters killed three Cameroonian soldiers in an ambush in Afua, North West region per. Logistical corridors face compounding risks as the CDEC threatens financial seizures against major banks involved in the Bamenda-Babajou road project, threatening to halt critical infrastructure work per. The compounding effect of crashing regional prices and severe Black Pod disease risks in the Southwest and Littoral regions (humidity >90%) threatens to degrade supply quality. With Cameroon's exporter buying price hovering between 1,050-1,150 FCFA/kg, local supply is highly vulnerable to cross-border smuggling diversion. Exporters face intense competition for raw beans just as key transport routes face financial and security blockades.
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