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Ivorian cocoa arrivals seen down 6.6pc ABIDJAN: Cocoa arrivals at ports in Ivory Coast had reached around 939,000 tonnes by March 3 since the start of the season, exporters estimated on Monday, compared with 1,005,000 tonnes in the same period of the previous season. Exporters estimated around 16,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between Feb. 25 and March 3, up from 10,000 tonnes in the same week a year ago. Harvesting from the latter stages of the October-to-March main crop has outpaced last season's volumes during the same period, leading an output deficit to shrink in recent weeks.   The gap had fallen to just 2.8 percent by last week. Data from Ivory Coast's cocoa regulator obtained by Reuters during the same week last year, however, showed that arrivals were officially at 995,071 tonnes by Feb. 26. The figures were higher than estimates had previously shown, and when compared to ...

Saudi Arabia buys 465,000 tonnes of hard wheat for June-Aug RIYADH: Saudi Arabia bought 465,000 tonnes of hard wheat (12.5 percent protein minimum) and 110,000 tonnes of soft wheat (11 percent protein minimum) for delivery between June-August 2013 from six international suppliers, its Grain Silos and Flour Mills Organisation (GSFMO) said on Sunday.The shipment will be sent to the kingdom's ports in Jeddah and Dammam. The wheat was tendered last week. Copyright AFP (Agence France-Presse), 2013 ...
Egypt wheat stocks sufficient for 95 days-minister CAIRO: Egypt, the world's biggest wheat importer, has strategic stocks of nearly 2.3 million tonnes of the grain from international and local markets, enough to last until late May, the country's supplies minister said on Wednesday."The strategic government stocks of local and imported wheat have dropped to 2.292 million tonnes, enough for 95 days or until 29 May 2013, compared to 101 days last week," Bassem Ouda, supplies minister, said in a report presented to ...
Nomani expects sharply higher local wheat crop CAIRO: Egypt's domestic wheat crop is expected to rise sharply in 2012-2013, a top official said on Sunday, adding that the state had not cut funds for overall grains purchases despite a rising budget deficit and falling foreign currency reserves. Nomani Nomani, adviser to Egypt's supply minister, told Reuters that the higher local wheat production was due to incentives offered to farmers. Nomani, who until last week was in charge of imports at state grains ...
Egypt state grain buyer steps aside, new GASC head named CIARO: Nomani Nomani, vice chairman of Egypt's state grains buyer GASC, has left his job after more than three years overseeing strategic buying for the world's biggest importer of wheat.   Nomani's replacement at the agency is Mamdouh Abdel Fattah. Nomani said he will now become an adviser to the supply minister.   "I got promoted to become an adviser to the minister of trade and supplies, which means that I will no longer handle the wheat bidding and ...
Kumba year earnings fall in line with expectations   JOHANNESBURG: South Africa's Kumba Iron Ore, a unit of global mining company Anglo American, on Tuesday posted a 28 percent drop in full-year earnings, hit by lower export prices, rising costs and an illegal strike at its Sishen mine.   Kumba, the continent's largest iron ore producer and No. 10 globally, said diluted headline earnings per share fell to 37.91 rand from 52.99 rand a year earlier.   The results compared to 37.76 rand per share forecast by Thomson ...
Ivorian cocoa arrivals seen at 854,000T ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 854,000 tonnes by Feb. 3 since the start of the season in October, exporters estimated on Monday, compared with 902,650 tonnes in the same period of the previous season.   Exporters estimated around 37,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between Jan. 28 to Feb. 3, up from 25,583 tonnes in the same week ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln