AreaCameroon

Commodity GroupRice

CommodityAll

Date11/04/2024

Policy CategoryConsumption and marketing

Policy InstrumentConsumer prices, import quota

DescriptionAnnounced that it had reached an agreement with sector representatives under which retail prices of rice originated in India, Pakistan and Thailand would be reduced by XOF 70-90 (USD 0.12-0.15) per kg across the country, starting from 12 April 2024. In the case of Indian 25% rice marketed in Yaoundé, retail prices would be lowered to XOF 460 (USD 0.76) per kg, while those of Indian 5% broken would pass to XOF 480 per kg (USD 0.79 per kg). The agreement followed the arrival in Cameroon of the first shipments of Indian non-basmati white rice that was exempted from India's export ban in October 2023, upon request from the Government of Cameroon.

NotesExchange rate as of 15 May 2024.