**Fatshimetrie: The rise in the price of cinchona bark on international markets**
In recent days, there has been growing interest in the price of cinchona bark, a vital agricultural product for the Democratic Republic of Congo. According to information recently published by the Mercuriales Commission, attached to the Ministry of Foreign Trade, the price of this product has recorded a slight increase on international markets. An increase of 0.65% was observed, from 1.55 to 1.56 USD per kilogram between October 28 and November 2, 2024.
This upward trend, although modest, is part of a recent growth dynamic. When analyzing previous variations, we note that the price remained stable at USD 1.53 from September 30 to October 12, before experiencing a significant increase to USD 1.55 the week of October 14 to 19, an increase of 1.31%.
The importance of closely monitoring price fluctuations of this strategic product for the Democratic Republic of Congo cannot be underestimated. Indeed, these variations can have an impact on the competitiveness of local exporters and on the country’s export earnings.
It is essential for economic actors to closely monitor international trends in order to maximize opportunities and strengthen their position on the global cinchona bark market. This vigilance is all the more crucial in a context where competition is fierce and where each decision can have repercussions on the national economy.
In conclusion, the rise in the price of cinchona bark on international markets underlines the importance of constantly monitoring global economic trends. This will enable the Democratic Republic of Congo to capitalize on the opportunities offered by international trade and to prosper in a constantly changing economic environment.