Cameroon printed batik fabrics are mainly occupied by Chinese products

Cameroon ecomatin website reported on March 7 that Cameroon Cotton Industry Company (Cicam) stated that due to the impact of foreign imported products, obsolete production equipment, lack of working capital and other factors, the company is facing Huge difficulty. Currently, Cameroon’s printed batik (Pagne) market is mainly occupied by Chinese products, accounting for 88%, products from West African countries account for 6%, and Cameroon’s local products account for only 6%. An important reason for the lack of market competitiveness of the company’s products is the high production costs of raw material cotton, electricity and gas. The purchase price of cotton is 1000-1200 Central African CFA francs (about 1.7-2.0 US dollars) per kilogram, and the purchase price of cotton in neighboring Chad is only 400. Central African CFA franc. Cotton Industry Company, Cameroon’s only cotton processing company, is considered bankrupt by an agency affiliated with Cameroon’s Ministry of Finance.