YAOUNDÉ, Cameroon — The cost of importing diesel into Cameroon has risen sharply in October, reaching approximately CFAF 974.93 per litre, while the regulated retail price remains at CFAF 828 per litre.
Figures from the Hydrocarbons Prices Stabilization Fund indicate that the import cost has increased considerably compared with July, when it stood at CFAF 653.85 per litre.
The October figure represents an increase of about CFAF 321 per litre compared with July, or approximately 49 percent.
Despite the higher import cost, motorists in Douala continue to pay the regulated pump price of CFAF 828 per litre. The difference between the import cost and the retail price is therefore being absorbed through the country’s fuel-price stabilisation mechanism.
The widening gap highlights the pressure created by international fuel costs and the financial burden associated with maintaining regulated prices for consumers.
For households and businesses, diesel prices remain particularly important because the fuel is widely used for transportation, commercial activities and generators. Changes in the underlying cost can therefore have broader implications for operating expenses and the prices of goods and services.
For now, the regulated pump price remains unchanged despite the higher import cost.