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Thursday, March 22, 2012

Cocoa prices in Aceh The Passionate

BANDA ACEH:Price level, dry beans farmers in the province of Aceh continue to "passionate" in the third week in March 2012 following an increase in purchasing power of investors in the international markets for commodities in the market.

Operations manager for Aceh Cocoa Forum (FKA) Azmil Age in Banda Aceh, Wednesday, March 21, 2012 that the price of dry beans in Aceh that of Rp18.900/kilogram be Rp19.500 / or an increase of about 65 points compared to the previous day.

Azmil said the price increase is also due to reduced production of cocoa is produced from the African region which is one of the world's largest cocoa producing country.

"The reduction in the production of cocoa in Africa among investors looked to make cocoa from other countries including Indonesia," he said.

Azmil explain the trend price of cocoa at the beginning of the third week of March continues to move up close to Rp20 thousand / kg.

He explained that one of the commodities from the province has a population of approximately 4.6 million people, many are exported to consumer countries such as cocoa Europe and the United States.

Azmil added that the existing inventory level of cocoa farmers in cocoa production centers in the province of Aceh is still insufficient to meet market demand locally, nationally and internationally.

"Supplies of dry beans at the farmers we expect sufficient to meet consumer demand in the market," he said.

Aceh province has a productive cocoa area about 70 thousand hectares with an average production of 350 kg to 400 kg / ha.

The productive area is spread over eight districts including the center of the cocoa Pidie, Pidie Jaya, Bireuen, North Aceh, East Aceh and Southeast Aceh.(Ant)Eksp

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