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Infos Business of Friday, 3 June 2016

Source: reuters.com

Cameroon exports 3,205 T of cocoa in May

Cocoa beans Cocoa beans

Cameroon exported 3,205 tonnes of cocoa in May as the season heads into an inter-crop period, down from 5,780 tonnes in April and 7,610 tonnes in March, the National Office of Cocoa and Coffee (ONCC) said on Friday.

Olam bought 1,424 tonnes of cocoa in May, followed by AMS with 551 tonnes and Telcar with 300 tonnes, ONCC said.

"Less cocoa is being produced and there is a slowdown in activity during this period but the figures will go back up with the start of the cocoa campaign in August," the ONCC said in a statement.

Cameroon is Africa's fourth-largest producer of cocoa.