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Ivorian cocoa arrivals seen 696,000 tonnes by Jan. 6  ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 696,000 tonnes by Jan. 6 since the start of the season in October, exporters estimated on Tuesday, compared with 738,462 tonnes in the same period of the previous season.   This season's cumulative figure includes 13,000 tonnes of late export declarations.   Exporters estimated around 59,000 tonnes of beans were delivered to the West African state's two ports between Jan. 1 and 6, up from 36,335 tonnes in the same week a year ago.   Exporters estimate arrivals by counting trucks arriving at the port.    Copyright Reuters, 2013* ...

Iraq issues tender to buy 50,000 tonnes wheat BAGHDAD: Iraq issued a tender on Sunday to buy a minimum of 50,000 tonnes of wheat from the United States, Canada, Australia, Russia, Romania, Kazakhstan, Ukraine and Germany, a statement from the trade ministry said.   The tender is open until Jan. 13 and offers must be valid until Jan. 17, the statement said.   Center>Copyright Reuters, 2012 ...
South Africa maize stocks at 5.018mn T in November  JOHANNESBURG: South Africa's maize stocks fell to 5.018 million tonnes at the end of November from 5.784 million tonnes at the end of October, data showed on Thursday.   The stocks included 3.080 million tonnes of white maize and 1.938 million tonnes of yellow, the South African Grain Information Service (SAGIS) said in its monthly bulletin.   Total exports reached 1.105 million tonnes at the end of November, SAGIS said. Copyright Reuters, 2012 ...
Burundi coffee earnings rise 46pc in November  BUJUMBURA: Burundi's coffee revenues rose 46 percent in November from the previous month on higher prices and export volumes, the country's industry regulator said on Friday.   The country earned $5.7 million from the sale of 1,671,638 kg versus $3.9 million it earned in October from the export of 1,205,919 kg.   "Coffee farmers were asked to produce Arabica beans of highest quality following an uncertain world market.   This resulted in the selling in November of an important quantity of ...
Ghana cocoa purchases reach 315,709 tonnes by November 29  ACCRA: Ghana's cocoa purchases reached 315,709 tonnes by November 29 since the season started, down 23.4 percent compared with the same period last year, data from industry regulator Cocobod showed on Thursday.   Total purchases for the week, the seventh since the 2012/13 season began on October 12, were 36,360 tonnes, almost the same as the 36,828 tonnes declared in the week before.   Ghana, the world's second-largest cocoa grower after Ivory Coast, has projected a harvest of around ...
Iraq says Vitol apologises for Kurdish oil purchase  VIENNA: Top oil trader Vitol has apologised to the Iraqi government for buying Kurdish oil that was exported via Turkey without Baghdad's permission, Iraqi Oil Minister Abdul-Kareem Luaibi said on Sunday.   Baghdad is in dispute with Kurdistan over oil exports from the northern Iraqi province, insisting the central government has the sole right to export oil, reimbursing payments to the Kurdistan Regional Government (KRG).   It considers any other business illegal and tantamount to smuggling by the Kurds.. ...
Saudi oil price hike to Asia shows relative strength: Clyde Russell  LAUNCESTON: Saudi Arabia is asking refiners in Asia to pay more for their January-loading crude, both in absolute terms and also relative to their counterparts in Northwest Europe.   While this may seem unfair to Asian processors, the increase in official selling prices (OSP) by Saudi Aramco is also a sign of the relative health of the region compared to Europe.   But the Saudis are now risking shrinking refinery profits in Asia by too much, as happened earlier ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln