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Last update: Sat, 03 Dec 2016 10pm

Middle East & Africa

Markets - Commodities - Middle East & Africa

Lowest offer in Egypt's GASC sugar tender at $634.60 per tonne CAIRO: Egypt's state buyer Gasc received offers from three suppliers for its white sugar tender on Saturday, Cairo-based traders said.The lowest offer was for 34,000 tonnes at $634.60 a tonne cost, insurance and freight.A fourth supplier Union was barred from participating in the tender.Copyright Reuters, 2016 ...

Markets - Commodities - Middle East & Africa

Egypt's GASC receives offers from four firms in wheat tender ABU DHABI/CAIRO: The lowest offer at Egypt state grain buyer GASC's wheat tender on Thursday was $177.94 a tonne for 60,000 tonnes of Russian wheat after cheaper US hard winter wheat was disqualified, traders said. Egypt's state grain buyer GASC received offers from four suppliers in its international wheat purchase tender on Thursday, traders said.Traders said cheaper US wheat offered for $173.98 per tonne was disqualified because it was hard wheat as opposed to the ...

Markets - Commodities - Middle East & Africa

Saudi Arabia tenders to buy 595,000 tonnes of hard wheat DUBAI: Saudi Arabia's main state grain buyer SAGO said on Thursday it was seeking to purchase 595,000 tonnes of hard wheat from global suppliers in an international tender. The deadline for submitting offers was 2359 Saudi time (2059 GMT) on Oct. 14, with the wheat due to be shipped between Dec. 1, 2016 and Jan. 30, 2017, it said. The 595,000 tonnes comprise nine individual consignments of 60,000 tonnes and one cargo of 55,000 tonnes, ...

Markets - Commodities - Middle East & Africa

Syria buys one million tonnes Russian wheat ABU DHABI: Syria's state grain buying agency Hoboob bought one million tonnes of Russian wheat at 150 euros a tonne, on a cost and freight basis, a Syrian government source close to the matter told Reuters on Thursday. The wheat bought in the Hoboob tender is for shipment for a year after opening up the letter of credit, the source said.Syria often buys wheat from its political ally Russia but this was an unusually large ...

Markets - Commodities - Middle East & Africa

Ivory Coast cocoa outlook mixed on rainfall, variable sun ABIDJAN: Alternating spells of rainfall and sunshine last week in most of Ivory Coast's principal cocoa growing regions combined with growing concern over disease outbreak to suggest mixed prospects for the main crop, farmers said on Monday. The marketing of the October-to-March main crop started in late September in the world's top cocoa producer with the government increasing the minimum farmgate price to 1,100 CFA francs ($1.87) per kilogramme.Farmers said harvesting of pods was underway ...

Markets - Commodities - Middle East & Africa

Ivory Coast cocoa port arrivals halted for several days ABIDJAN: Ivory Coast cocoa exporters said on Wednesday they had not received cocoa bean deliveries from inland farms for several days because many buyers have been temporarily blocked out of an upcountry purchasing registry. "We have not received beans because the supppliers are not up to date and therefore don't have system access," said an Abidjan-based exporter, referring to the SYDORE booking system. The Coffee and Cocoa Council (CCC) confirmed the suspensions, saying that they ...

Markets - Commodities - Middle East & Africa

Egypt's GASC seeking soyoil, sunflower oil in tender ABU DHABI: Egypt's state buyer, the General Authority for Supply Commodities (GASC), said on Tuesday it was seeking at least 30,000 tonnes of soybean oil and 15,000 tonnes of sunflower oil in a tender. GASC said the edible oils would be for arrival Nov. 1-30. The deadline for offers is Oct. 6. GASC had previously said the arrival period would be from Nov. 1-15. Copyright Reuters, 2016 ...