Thursday, 27 September 2012 02:47
Posted by Abdul Ahad
ABIDJAN: Ivory Coast cocoa merchants backed away from threats to boycott the start of the forthcoming harvest season after the country's marketing board increased allowances for the costs of collection and transportion that has been at the heart of a dispute.
The world's top grower will begin harvesting the 2012/13 crop on Oct. 2 under a government-led scheme that uses the proceeds from forward-selling of the crop to guarantee prices for farmers and encourage them to ...
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HAMBURG: Qatar's state purchasing agency has issued an international tender to buy 24,000 tonnes of rice, European traders said on Thursday.
Bidding deadline is Nov. 12. Double-polished white basmati rice was sought.
Copyright Reuters, 2012 ...
NAIROBI: The top price of Kenya's benchmark grade AA coffee rose sharply to $342 per bag at auction this week from $312 at the previous sale, the Nairobi Coffee Exchange (NCE) said on Wednesday.
During the auction, Grade AA sold at $132-$342 per bag, up from $212-$312 last week, NCE said in a market report.
Grade AB fetched $146-$232 per bag compared with the previous week's $154-$232.
Although the east Africa nation is a small coffee producer compared ...
SINGAPORE: Thai sugar premiums could withstand pressure from rising supply in rival Brazil as demand picks up ahead of the next crushing season, but coffee differentials in Vietnam may widen as the new crop begins, dealers said on Monday.
Sugar deliveries on the October contract on ICE Futures have reached around 11,710 lots, or roughly 594,868 tonnes, traders said, with one trade house seen taking delivery of most, if not all. March is now the front-month ...
NAIROBI: Kenya's tea export earnings are seen creeping up 1 percent year-on-year to 110 billion shillings ($1.30 billion) in 2012, despite a forecast 5 percent drop in production, the industry regulator said on Monday.
The Tea Board of Kenya said total production was expected to fall to 360 million kgs this year, after frost and delayed rains hurt growth of tea bushes earlier in the year.
Copyright Reuters, 2012 ...
ABIDJAN: Ivory Coast cocoa merchants backed away from threats to boycott the start of the forthcoming harvest season after the country's marketing board increased allowances for the costs of collection and transportion that has been at the heart of a dispute.
The world's top grower will begin harvesting the 2012/13 crop on Oct. 2 under a government-led scheme that uses the proceeds from forward-selling of the crop to guarantee prices for farmers and encourage them to ...
BAGHDAD: Iraq has issued a tender to buy at least 50,000 tonnes of wheat from all origins, with closing date of Oct. 1, a source at the Iraqi trade ministry said on Monday.
Offers should be valid until Oct. 5, the source said.
Iraq is one of the world's largest importers of wheat, much of which goes to supply a massive national food ration programme.
Copyright Reuters, 2012 ...
HAMBURG: A Syrian state agency has issued an international tender to purchase and import 100,000 tonnes white refined or white crystal sugar, European traders said on Monday.
Sugar packed in bags was sought with a bidding deadline of Oct. 22.
Offers were requested in euros with cost and freight liner out terms to Syrian ports.
Shipment should be made within 120 days of the issuing of a letter of credit for the purchase.
The United Nations says Syria is ...
