06282016Tue
Last update: Tue, 28 Jun 2016 09pm

Middle East & Africa

Markets - Commodities - Middle East & Africa

Egypt's GASC buys 240,000 T French, Russian, Romanian wheat ABU DHABI: Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), bought 240,000 tonnes of French, Russian and Romanian wheat in a tender for Dec. 21-31 shipment, it said on Wednesday. Egypt, one of the world's biggest importers of wheat, bought 120,000 tonnes of French wheat, 60,000 tonnes of Russian wheat and 60,000 tonnes of Romanian wheat, GASC Vice-Chairman Mamdouh Abdel Fattah said. GASC bought the wheat at an average price of $205.94 a tonne on a cost and freight (C&F) basis, he said. Copyright Reuters, 2015 ...

Markets - Commodities - Middle East & Africa

South Africa 2015 wheat output forecast down 2pc to 1.51mn tonnes JOHANNESBURG: South Africa's Crop Estimates Committee (CEC) said on Wednesday that the forecast for the 2015 wheat crop output is estimated at 1.51 million tonnes, down from 1.54 million tonnes in the previous forecast. "It was the persisting drought conditions that impacted negatively on the yield of wheat, especially in the Free State province," CEC's Marda Scheepers said. Copyright Reuters, 2015 ...

Markets - Commodities - Middle East & Africa

Jordan tenders again for 100,000 tonnes wheat DHABI/PARIS: Jordan's Ministry of Trade and Industry is seeking 100,000 tonnes of wheat after cancelling two tenders for the same amount due to the lack of offers, traders said on Wednesday. The deadline for bids in the new tender is Dec. 1. The wheat is being sought for shipment during the second half of February and the first half of March. Copyright Reuters, 2015 ...

Markets - Commodities - Middle East & Africa

Heavy rains in Ivory Coast may help cocoa crop ABIDJAN: Unseasonably heavy rains last week in most of Ivory Coast's main cocoa growing regions during the dry season will boost chances for a large and healthy main crop, farmers said on Monday, but there were concerns about too little sunshine. The dry season in the world's top cocoa producer stretches from mid-November to March.Farmers will also need to contend with the Harmattan, a dry dusty wind that normally sweeps in from the Sahara from ...

Markets - Commodities - Middle East & Africa

Ivorian cocoa arrivals seen at 441,000 tonnes by Nov. 22 ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 441,000 tonnes by Nov. 22 from the start of the season on Oct. 1, exporters estimated on Monday, up from 408,000 tonnes in the same period of the previous season. Exporters estimated around 54,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between Nov. 16 and 22, down from 66,000 tonnes during the same ...

Markets - Commodities - Middle East & Africa

Kenya coffee output, earnings to rise in 2015/16: regulator NAIROBI: Kenya expects its coffee harvest to jump by almost a quarter to 50,000 metric tonnes in the 2015/16 crop year which runs until next September buoyed by initiatives to boost production and to crop cycles, the country's crop regulator said on Tuesday.Earnings from coffee exports were expected to increase to 20 billion shillings ($196 million) based on current exchange rates, up from $182.53 million the previous year, Alfred Busolo, acting head of the Agriculture, ...

Markets - Commodities - Middle East & Africa

Egypt's GASC receives offers in wheat tender CAIRO: The lowest offer in Egyptian state buyer GASC's wheat purchase tender which closed on Wednesday was $200.69 per tone free on board (FOB) for French wheat, traders said. The offer was made for 60,000 tonnes, they said. No purchase has yet been made and results are expected later on Wednesday, traders said. Copyright Reuters, 2015 ...