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Marape: Global Markets Want PNG’s High-Quality Coffee and Cocoa

 Farmers across Papua New Guinea are being urged to capitalise on high international prices for coffee and cocoa, along with a favourable exchange rate, to increase their earnings and contribute to national economic growth.

Prime Minister James Marape said this is a rare opportunity for local farmers, cooperatives, and agribusinesses to benefit from favourable conditions in global commodity markets. Arabica coffee is currently trading above US$4.40 per pound, while cocoa prices have stabilised at around US$8,000 per metric tonne.

Marape: Global Markets Want PNG’s High-Quality Coffee and Cocoa

Mr Marape emphasised that with the PNG kina valued at around K4.13 to the US dollar, exporters receive more local currency per sale, thereby increasing household income and driving national development. He said this exchange rate significantly enhances the value of export earnings.

As the country celebrates 50 years of independence, Mr Marape highlighted that these market trends could transform rural livelihoods and deliver lasting prosperity for the agricultural sector. He encouraged every farmer in the Highlands, Islands, Mamose, and Southern regions to take advantage of these developments.

“The world is willing to pay top dollar for our high-quality, organically grown cocoa and coffee. These are economic opportunities for every farmer who owns a cocoa or coffee tree,” he stated.

To help farmers benefit from these global opportunities, Mr Marape outlined key government initiatives, including the PACD Project, a national agriculture credit scheme, and export and market access support.

He also mentioned the value of branding and traditional production methods, saying, “Our crops are grown in pristine conditions by hardworking hands — and these are qualities global consumers are seeking.”

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