Fatshimetrie, October 29, 2024 – The last week of October was marked by a significant increase in the prices of cinchona bark on international markets. According to data provided by the National Mercuriales Commission of the Ministry of Foreign Trade, the kilogram of cinchona bark was traded at 1.56 US dollars, registering an increase of 0.65% compared to the previous week.
This increase in prices did not only affect cinchona bark, but also other agricultural and forestry products. Papain, totaquina powder, quinine salt and Rauwolfia also experienced price increases during the same period. These variations are the direct result of supply and demand on international markets, as well as fluctuations in the supply chain.
On the other hand, other products such as robusta and arabica coffee, as well as cocoa, have recorded a drop in price. These fluctuations reflect the volatility of international markets and the need for economic actors to constantly adapt to these changes.
It is interesting to note that despite these price fluctuations, some products such as rubber have remained stable. This stability may be due to balanced supply and demand on the international market, while illustrating the diversity of economic sectors affected by these price variations.
In conclusion, the evolution of prices of agricultural and forest products on international markets is a current issue that deserves special attention. Economic actors must be attentive to these fluctuations to anticipate the impacts on their business activities and adapt effectively to a constantly changing economic environment.