Gum arabic price gap narrows between Mali and Chad

Published 2021년 3월 10일

Tridge summary

The price gap between hard gum arabic in Mali and Chad is slightly decreasing due to a supply constraint in Chad caused by strong demand, while the Mali market remains stable. The price of hard gum in Mali has fluctuated slightly, ranging from FCFA 1375 to FCFA 1425 per kilo, while in Chad, it has risen from FCFA 800-920 to FCFA 1000-1040. The price of crumbly gum in Mali has also remained stable at FCFA 300-325 per kilo, but in Chad, it has increased to FCFA 260-330 from FCFA 200-30. The specialist, n'kalô, notes that the prices of crumbly gum are becoming more appealing to pickers in Chad.

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Original content

The price gap for hard gum arabic between Mali and Chad is narrowing slightly, the supply of gum in Chad contracting in the face of strong demand, while in Mali the market situation is stable, he notes. one in the last market note of the specialist n'kalô. Last week, prices in Mali fluctuated in a range going from FCFA 1375 to FCFA 1425 per kilo, or FCFA 25 more than at the beginning of February, while in Chad, the hard rubber climbed from FCFA 800-920 in the first week. from February to FCFA 1000-1040 the first of March. As for crumbly gum, its price has been stable since the end of January, at FCFA 300-325 per kilo, returning to its levels at the end of December, while in Chad, it climbed to FCFA 260-330 against FCFA 200-30 at the beginning of February. . “The prices of crumbly gum are also on the rise ...

Source: Commodafrica