06262016Sun
Last update: Sun, 26 Jun 2016 04am

Middle East & Africa

Markets - Commodities - Middle East & Africa

Ivorian cocoa arrivals seen at 1,269,000 T May 8 ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 1,269,000 tonnes by May 8 since the start of the season on Oct. 1 last year, exporters estimated on Monday, down from 1,373,000 tonnes in the same period of the previous season. The arrivals were updated with official Coffee and Cocoa Council data as of April 30. Exporters estimated around 16,000 tonnes of beans were delivered to the ports of Abidjan and San Pedro between May 2 and May 8, down from 26,000 tonnes in the same period last year. Copyright Reuters, 2016 ...

Markets - Commodities - Middle East & Africa

Tunisia cancels tender to buy 100,000 tonnes feed barley HAMBURG: Tunisia's state grains agency has cancelled an international tender for 100,000 tonnes of feed barley which closed on Thursday with no purchase made, European traders said on Friday.Offers were regarded as too high.The barley was sought in four 25,000 tonne consignments shipment between Aug. 15 to Oct. 25, depending on origin they said.Copyright Reuters, 2016 ...

Markets - Commodities - Middle East & Africa

Egypt buys 400,000 tonnes of local wheat since April 15 ABU DHABI: Egypt has bought 400,000 tonnes of local wheat since the start of the procurement season on April 15, the Agriculture Minister said on Monday. Egypt, the world's largest wheat importer, is planning to buy 4 million tonnes of Egyptian wheat in the 2016 season.The Agriculture Minister also said in a statement that all necessary precautions had been taken to avoid the selling of cheaper imported wheat to the government during the procurement season ...

Markets - Commodities - Middle East & Africa

April Cameroon cocoa prices remain largely steady versus March YAOUNDE: Cocoa prices in Cameroon remained largely steady in April, ranging from 1300 CFA francs ($2.23) in the South-West region to 1600 CFA francs in the Centre.Joachim Landry Nanga Mevoa, the general director of the Cameroon agro-business cooperative (Camagrob), said the crop has not been good so far, partly because farmers have used non-approved pesticides.But Laurent Atangana, a cocoa producer, blamed buyers who purchase beans illegally before the crop has been dried or harvested, depressing ...

Markets - Commodities - Middle East & Africa

Iraq issues tender to buy at least 50,000 tonnes of wheat PARIS: Iraq's state grains board has issued an international tender to buy at least 50,000 tonnes of wheat, traders said on Monday. The tender closes on May 8 and offers must remain valid up to May 12, they said.The wheat can be sourced optionally from the United States, Canada or Australia, they said.In its last reported purchase on April 15, Iraq's grain board bought 50,000 tonnes of wheat to be sourced from Australia.However, Iraq frequently ...

Markets - Commodities - Middle East & Africa

Egypt buys 57,000 tonnes of local wheat since start of season ABU DHABI: Egypt's Supply Ministry said on Sunday it had purchased 57,000 tonnes of local wheat from farmers since the start of the season on April 15. Egypt, the world's largest wheat importer, is planning to buy 4 million tonnes of Egyptian wheat in the local season which started on Friday. Farmers are being paid a fixed price of 420 Egyptian pounds ($47.30) per ardeb (150 kg) of wheat after abandoning plans to pay farmers ...

Markets - Commodities - Middle East & Africa

Egypt buys 10,000 tonnes local wheat in first five days of season CAIRO: Egypt has purchased 10,000 tonnes of wheat from farmers in the first five days of the local procurement season, the supply minister said on Tuesday.Egypt, the world's largest wheat importer, is planning to buy 4 million tonnes of Egyptian wheat in the local season which started on Friday.Farmers are being paid a fixed price of 420 Egyptian pounds ($47.30) per ardeb (150 kg) of wheat after abandoning plans to reform its wheat farmer subsidy ...