Monday, 03 September 2012 20:08
Posted by Shoaib-ur-Rehman Siddiqui
KAMPALA: Uganda's cocoa production is set to rise by 6.1 percent in the I October 2011-September 2012 crop year from the previous year, helped by favourable weather and maturing trees, the state-run Cocoa Development Project (CDP) said on Monday.
The east African country is a small producer compared with big growers such as Ivory Coast, but cocoa is one of Uganda's commodity exports and a source of hard currency.
Last season Uganda earned $44 million from cocoa exports, up from $37 million in the 2009/2010 crop year.
Joseph Kimera, head of CDP, said in an interview that Uganda would produce an estimated 19,000 tonnes of cocoa in the 2011/2012 season, up from 17,900 tonnes in the previous crop year.
"Rains sometimes turned a little erratic, but on the whole they were above average in the cocoa heartlands of central and western Uganda, and these rains were well interspersed with episodes of dry weather," Kimera ...
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KAMPALA: Uganda's cocoa production is set to rise by 6.1 percent in the I October 2011-September 2012 crop year from the previous year, helped by favourable weather and maturing trees, the state-run Cocoa Development Project (CDP) said on Monday.
The east African country is a small producer compared with big growers such as Ivory Coast, but cocoa is one of Uganda's commodity exports and a source of hard currency.
Last season Uganda earned $44 million from cocoa exports, up from $37 million in the 2009/2010 crop year.
Joseph Kimera, head of CDP, said in an interview that Uganda would produce an estimated 19,000 tonnes of cocoa in the 2011/2012 season, up from 17,900 tonnes in the previous crop year.
"Rains sometimes turned a little erratic, but on the whole they were above average in the cocoa heartlands of central and western Uganda, and these rains were well interspersed with episodes of dry weather," Kimera ...
ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 1,339,000 tonnes by Sept. 2 since the start of the season in October, exporters estimated on Monday, compared with 1,412,845 tonnes in the same period of the previous season.
Exporters estimated around 6,000 tonnes of beans were delivered to the West African state's two ports between Aug. 27 and Sept. 2, down from 17,963 tonnes in the same week a year ago. Exporters estimate ...
JEDDAH: Saudi Arabia bought 575,000 tonnes of hard wheat (12.5 percent protein minimum) from the European Union, Australia, and North and South America for shipment during the December-February period, its Grain Silos and Flour Mills Organisation (GSFMO) said on Sunday.
The shipment will be sent to the kingdom's ports in Jeddah and Dammam, GSFMO said in an emailed statement.
The average price for these quantities (10 vessels) from TOEPFER & GLENCORE at $368.73 per tonne cost and ...
CAIRO: Egypt, the world's largest wheat importer, has bought 180,000 tonnes of Russian and Romanian wheat for Oct. 1-10 shipment on a free on board basis, the main government wheat buyer said on Saturday.
Nomani Nomani, vice chairman of the General Authority for Supply Commodities (GASC), gave the following breakdown of the purchases:
-- 60,000 tonnes of Russian wheat from Olam International at $319 per tonne with freight costs of $11.64 per tonne -- 60,000 tonnes of ...
YAOUNDE: Cameroon exported 179,587 tonnes of cocoa beans during the 2011/12 cocoa season, just over 10 percent less than the year before, provisional data from the National Cocoa and Coffee Board (NCCB) showed on Friday.
July exports of beans from the No. 5 grower were 5,188 tonnes, up from 3,169 tonnes the month before and 3,453 tonnes in the same month last year.
This year's fall in production has been blamed on a poor mid-crop harvest due ...
EWELESUO: Shell said on Friday it had contained oil leaked from a failed pump within a flowstation on Nigeria's Nembe Creek though local residents disputed this, saying it had spread to mangrove swamps.
"There was no oil spill, and there was no impact on the environment," said Precious Okolobo, spokesman for Shell Petroleum Development Corporation (SPDC), a joint venture majority owned by the state oil firm.
"The pump was immediately shut down. However, some oil escaped from ...
NAIROBI: The average price of Kenyan top grade tea held steady at $4.03 per kg at auction this week, stabilising after two consecutive weeks of falls, market participants said on Wednesday.
The east African nation is the world's biggest exporter of black tea, and the crop is one of its largest foreign exchange earners, raking in $1.27 billion last year.
The Mombasa-based Africa Tea Brokers said in a market report that Best Broken Pekoe Ones sold at ...
