Cocoa export depots in ESP

Business, Normal

The National, Wednesday June 26th, 2013

 A COCOA company in East Sepik has set up an export depot for farmers in the remote parts of the province.

Atsboo Number 30 Ltd supervisor Brian Apasie told The National in Maprik recently “that plans to set up sub-depots are well underway”.

Since 2004, the company has been buying dry cocoa beans for direct export to Singapore.

So far, it has exported the commodity in four containers, with each carrying 240 bags.

Apasie said the company’s cocoa buying price depends on the global market.

“Every day, price changes … there is no steady price … setting up the sub-depots would help farmers in the area sell their dry cocoa beans. 

“One good thing about cocoa buying business is that it has a quick turn over.

“The company has plans to engage buyers on commission basis to be stationed in buying stations,” he added.

These sub-depots would be at Wosera in the Wosera-Gawi district and Dreikikir within Ambuti-Dreikikir and at Nuku in West Sepik.