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Kenya top tea prices creep up at auction NAIROBI: The highest price for top-grade Kenyan tea edged up to $3.08 per kg at this week's auction from $3.06 per kg at last week's sale, Tea Brokers East Africa said on Wednesday.Kenya is the world's leading exporter of black tea. The crop is a top foreign exchange earner for east Africa's largest economy, together with horticultural products and tourism.Prices for Best Broken Pekoe Ones (BP1s) fetched $2.18-$3.08 per kg at the sale held on Monday and Tuesday, compared with $2.10-$3.06 per kg last week.Best Brighter Pekoe Fanning Ones (PF1s) sold at $2.21-$2.72 per kg compared with $2.34-$2.76 per kg at the last sale.Tea Brokers said demand was strong with only 12.98 percent of the 168,216 packages - or 10.88 million kgs - on offer were not sold.The bulk of the tea offered at the Mombasa auction is from Kenya, but it also sells tea from Uganda, Tanzania, Rwanda, Burundi ...

Cameroon cocoa exports reach 146,417 T by end-April YAOUNDE: Cameroon had exported 146,417 tonnes of cocoa beans by end-April since the start of the 2013/14 season in August, down from 199,147 tonnes during the same period the previous season, according to National Cocoa and Coffee Board (NCCB) data. The world's fifth largest cocoa producer shipped 3,043 tonnes of beans in April, down from 3,207 tonnes in March and 5,849 tonnes in the same month a year ago, the data showed. The NCCB said ...
Top Kenyan tea price rises at latest auction NAIROBI: The highest price for top grade Kenyan tea rose to $3.06 per kg at this week's auction compared with $2.90 per kg at last week's sale, Tea Brokers East Africa said on Wednesday. Kenya is the world's leading exporter of black tea.The crop is a top foreign exchange earner for east Africa's largest economy, together with horticultural products and tourism. Prices for Best Broken Pekoe Ones (BP1s) fetched $2.10-$3.06 per kg at the sale ...
Egypt buys 2.5mn tonnes of local wheat CAIRO: Egypt, the world's biggest wheat importer, has bought 2.5 million tonnes of local wheat since last month, more than half its target this year in a procurement season that lasts until mid-July, state media reported on Saturday.The price paid to local farmers per Egyptian ardeb, the equivalent of around 150 kg, has been 420 Egyptian pounds ($59.53), Supplies Minister Khaled Hanafi was quoted as saying by state-run newspaper Al Gomhuriya.Last year the government raised ...
Egypt buys 2mn tonnes of local wheat, price unchanged CAIRO: Egypt, the world's biggest wheat importer, has bought around 2 million tonnes of local wheat since last month, the Supplies Ministry said on Wednesday, about half its target this year in a procurement season that lasts until mid-July. The price paid to local farmers per Egyptian ardeb, the equivalent of around 150 kg, has been 420 Egyptian pounds ($59.53), Supplies Minister Khaled Hanafi said in an emailed ministry statement.The Supplies Ministry is in charge ...
Ivory Coast set to raise farmer price on successful cocoa auctions ABIDJAN: Top cocoa producer Ivory Coast is aiming to increase its guaranteed farmer price next season after it sold forward over 1.05 million tonnes of its 2014/15 crop, a source at the West African nation's finance ministry said.The government abandoned a decade of sector liberalisation at the start of the 2012/13 season and began auctioning its anticipated crop in order to guarantee a minimum price for farmers. That price was fixed at 750 CFA francs ...
Iraq tenders to buy at least 10,000 tonnes sunflower oil BAGHDAD: Iraq issued a tender on Monday to purchase a minimum of 10,000 tonnes of sunflower oil, the trade ministry said in a statement. The tender deadline is May 26 and offers must remain valid until May 30. The oil can be sourced from any origin apart from China, the statement said. Copyright Reuters, 2014 ...

 



 
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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 20, 2014
Reserves $13.436 bln