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Ivorian cocoa arrivals seen at 1,598,000 T by June 29 ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast had reached around 1,598,000 tonnes by June 29 since the start of the season on October 2, exporters estimated on Monday, up from 1,322,000 tonnes in the same period of the previous season.Exporters estimated around 26,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between June 23 and 29, up from 24,000 tonnes during the same period last year.However, while arrivals remained ahead of last year's levels, exporters said poor quality caused by weeks of heavy rainfall and small bean size had led to heavy rejection rates.The week's arrivals were down significantly from the 35,000 tonnes of beans shipped to the ports the previous week."The rains are hindering proper fermentation and drying," said the commercial director of an Abidjan-based exporter. "At least a third of volumes arriving are rejected at the ...

Highest price for top Kenya tea grade dips at auction NAIROBI: The highest price for top-grade Kenyan tea dipped to $3.20 per kg at this week's auction from $3.22 per kg last week, Tea Brokers East Africa said on Wednesday.Kenya is the world's leading exporter of black tea.The crop is a main source of foreign exchange for the east African economy, together with horticultural products and tourism.Best Broken Pekoe Ones (BP1s) sold at $2.22-$3.20 per kg compared with $2.12-$3.22 per kg last week.Best Brighter Pekoe ...
Egypt's domestic wheat purchases at 3.7mn tonnes from harvest CAIRO: Egypt, the world's top wheat importer, has purchased 3.7 million tonnes of domestic wheat from its local harvest that ended last week, on par with its purchases last year, the state news agency quoted a senior official as saying. Mamdouh Abdel Fattah, vice chairman of Egypt's main state-buyer, the General Authority of Supply Commodities (GASC), also said in a statement carried by state news agency MENA on Monday evening that the state had paid ...
Egypt GASC seeks wheat for Aug 1-10 shipment ABU DHABI: Egypt's General Authority for Supply Commodities (GASC) set a tender on Friday to buy an unspecified amount of wheat from global suppliers for shipment from August 1 to 10.Mamdouh Abdel Fattah, vice chairman of GASC, the country's main wheat buying agency and one of the world's biggest state importers of wheat, is seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, ...
Uganda May coffee exports 286,668 bags, down 15pc yr/yr KAMPALA: Uganda exported 286,668 bags of coffee in May, down 15 percent from the 393,783 bags exported in May of last year, a source at coffee regulator UCDA said on Monday. "It is at the tail-end of harvest in the south and south western region so yields are also declining and heavy rains in some parts of the region also disrupted transportation of stocks from rural areas," the source at the state agency said. The ...
Egypt's SIIC seeking 50,000 tonnes raw sugar in tender ABU DHABI: Egyptian state buyer Sugar and Integrated Industries Co. (SIIC) said on Saturday it had issued an international tender to buy 50,000 tonnes of raw sugar.The tender deadline is Saturday and results are expected over the weekend, a source at SIIC said.The sugar is sought for arrival between September 1 and 15, he said.Copyright Reuters, 2014 ...
Highest price of top Kenya tea grade dips at latest sale NAIROBI: The highest price for top-grade Kenyan tea dipped to $3.16 per kg at this week's auction from $3.28 per kg last week, Tea Brokers East Africa said on Tuesday.Kenya is the world's leading exporter of black tea. The crop is a main source of foreign exchange for the east African economy, together with horticultural products and tourism.Prices for Best Broken Pekoe Ones (BP1s) sold at $2.05-$3.16 per kg compared with $2.16-$3.28 per kg last ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 10, 2014
Reserves $13.401 bln