CashewInformation.com

CashewInformation
News

Home   >   NEWS & VIEWS   >   News

  • Cashew: buyers denounce the practice of price-gate "unimaginable"

    Mar 2nd, 2016

    <p></p><p>The National Secretary of the ad hoc Committee of the National Federation of buyers and accredited cooperatives cashew Ivory Coast (FENACAC-CI), Abdoulaye Sanogo denounced Tuesday in Bouake (North Central), speculation "unimaginable" the farm-gate purchase price of cashews or cashew. <br></p> <p>Sanogo who was speaking on the margins of the local office of the presentation ceremony FENACAC-CI Bouaké, stressed that the official price of 350 FCFA provided by the Government passed informally to "400 or 500 FCFA" according to zones. <br></p> <p>"For almost ten days the state has set the official farmgate price of cashew nuts at 350 CFA / kg, within store 375 FCFA and 432 FCFA price harbor" recalled Abdoulaye Sanogo, that none changes have been made to date in the official price. Still, he lamented, "we find that the level of the bush we unimaginable prices that are at least 400, 500 FCFA and even more often in areas." <br></p> <p>"The planters themselves determine the farmgate price that goes beyond the price set by the state, but I think that this situation does not help anyone," blasted the secretary FENACAC-CI, making then observed that " if the business is only growers who earn and other (industry players) gain nothing, it goes without saying that the other links will stop. " <br></p> <p>Still according to him, cashews buyers since opening the 2016 campaign commercial working "at a loss". But has he finally admitted, "it's our fault ourselves, there is unfair competition in the field among buyers is due to the fact that the cashew industry today by rumors became speculative, so all the other trades want to exercise the profession of buyer without knowing the ropes. " cashew licensed buyers rose from 400 in 2014 to over 1,200 in 2016, he added.<br></p><p></p>


    Source: www.fr.africatime.com/cote-d-ivoire
Top