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Exported raw materials: WAEMU product prices on the rise

08/03/2022
Categories: Raw materials

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The Central Bank of West African States (Bceao), in its report entitled "Monthly Statistics Bulletin" devoted to the month of January, provides information on the evolution of the prices of exported products on international markets.

In the Uemoa zone, prices are on the rise except for cashew nuts and gold. In January 2022, crude oil prices on international markets (WTI, BRENT, DUBAI average), expressed in US dollars, increased by 55.3% over one year. Regarding the main raw materials exported, prices also increased over the same period for coffee (+67.8%), cotton (+42.6%), rubber (+33.3%) and cocoa (+ 3.3%). On the other hand, she reports in the process, declines were recorded on the cashew nut (-10.6%) and gold (-2.7%) markets.

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