As a result of these high prices, stocks of shea from the previous season are relatively low at the level of West African wholesale traders while stocks in the industry remain higher than anticipated last month. "This could limit the upside potential at the start of the next campaign," writes the specialist. "In fact, at the start of July, contrary to our expectations, manufacturers do not seem to be positioning themselves particularly early to start their supply. " That said, shea prices for the upcoming 2021/22 season should remain above those of the previous season given the high price of all oils but also due to food inflation in Africa. the West, further specifies the specialist. Self-consumed shea butter consumption by rural households is expected to increase as well as sales in West African retail markets because palm oil is ...

Source

Commodafrica

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