The agricultural and forestry products exported by the Democratic Republic of Congo (DRC) are currently experiencing changes on international markets. This week, some forecasts point to a rise in prices, while others show a decline. Focus on the main trends of these products.
Robusta coffee should register a slight increase this week, rising from 2.53 USD per Kg to 2.56 USD per Kg. This increase of 0.03 USD can be explained by a growing demand on the international market.
Cinchona bark, used in particular in the production of medicines, has also seen its price increase slightly. They are selling at 1.88 euro per kg, an increase of 0.01 euro compared to the previous week.
Papain, an enzyme extracted from papaya, is seeing a significant spike this week. Its price now reaches 16.17 euros per kg, an increase of 0.17 euro.
Totaquina powder recorded an increase of 0.6 euro this week, rising from 54.60 euros per kg to 55.20 euros per kg. This increase may be linked to sustained demand for this product on international markets.
Quinine salt also saw its price increase, from 92.82 euros per kg to 93.84 euros per kg, an increase of 1.02 euros. Quinine is known for its medicinal properties and its use in certain medications.
On the other hand, Arabica coffee and cocoa recorded a drop in price. Arabica coffee goes from 2.67 USD per Kg to 2.60 USD per Kg, a decrease of 0.07 USD. As for cocoa, its price fell from 1.93 USD per Kg to 1.90 USD per Kg, a decrease of 0.03 USD.
These price variations can be influenced by several factors such as supply and demand on the international market, fluctuations in the price of raw materials, as well as climatic and sanitary conditions in the production regions.
It is important to remain attentive to the evolution of these prices in the coming weeks, as they can have a significant impact on the income of producers and on the country’s economy. Exports of agricultural and forestry products play an essential role in the economic development of the DRC.
In conclusion, this week marks both positive and negative developments in the prices of agricultural and forestry products exported by the DRC. The rise of some products may be due to increasing demand, while the decline of others may be influenced by various factors. It is essential to follow these variations closely to understand market trends and make appropriate decisions