Trends - ivory coast - Business Recorder

ivory coast

Opposition claims victory as Ivory Coast counts votes

ABIDJAN: Ivory Coast’s main opposition party on Sunday claimed victory in a legislative election in the West...

Updated 08 Mar, 2021 09:25am

Markets

Ivory Coast votes in test of stability after political turmoil

ABIDJAN: The Ivory Coast went to the polls on Saturday in a parliamentary election that is a key test of stability...

Updated 07 Mar, 2021 05:23pm

World

Ivory Coast holds legislative elections after political turmoil

More than 1,500 candidates are vying for the votes of roughly seven million people in a contest for the 255-seat National Assembly.

Published 06 Mar, 2021 04:41pm

Markets

Ivory Coast sells almost 100,000 tonnes of 2021/2022 cocoa at small discount

The regulator however maintained a $400/tonne premium known as the living income differential (LID) that was introduced this season to boost farmers' incomes.
A bumper crop and weak global demand caused by the pandemic, coupled with the introduction of the LID, left piles of unsold beans in warehouses in Ivory Coast.

Published 02 Mar, 2021 08:41pm

Markets

Ivory Coast to launch agricultural commodities exchange in March

The agricultural commodities exchange will provide a price benchmark that serves as a basis for negotiating national and international commercial contracts.
The exchange also expects to eventually list natural rubber and palm oil, but has not indicated any plans for Ivory Coast's top export, cocoa, which is traded on international markets.

Published 23 Feb, 2021 08:53pm

Markets

Ivory Coast slashes cocoa quality premium to revive weak sales

The "country-differential" premium - so called because exporters pay it because of the high quality of cocoa from Ivory Coast.
The CCC is aiming to sell a total of 555,000 tonnes worth of contracts for the April-to-September mid-crop by the end of this month.

Published 10 Feb, 2021 07:03pm

Markets

Ivory Coast 2020/21 cocoa port arrivals seen at 1.388mn tonnes by Feb 7

About 25,000 tonnes of beans were delivered to the Abidjan port and 26,000 tonnes to the San Pedro port between February 1 to February 7 for a total of 51,000 tonnes down from 57,000 tonnes during the same week last season.

Updated 08 Feb, 2021 10:04pm

Markets

Ivory Coast farmers are hopeful for cocoa mid-crop

Farmers said good moisture content in the soil had helped plenty of small pods develop on trees - a strong start for the April mid-crop compared with the same period last year.
"Without upkeep of the plantations, production could fall," said Albert N'Zue, who farms near Daloa.

Published 01 Feb, 2021 09:20pm

World

EU urges Ivory Coast to comply with new sustainable cocoa laws

The European consumer wants to eat chocolate without having to think about child labour, deforestation or the poverty of those who grow cocoa.
The EU represents the leading destination for Ivorian beans, accounting for 67% of the country's cocoa exports.

Published 22 Jan, 2021 09:23pm

Business & Finance

Ivory Coast cocoa backlog threatens forward sales, sector sources say

Unlike in previous years, no forward sales for next season have yet been agreed due to the backlog, the two CCC sources said.

Published 20 Jan, 2021 03:28pm

World

Ivory Coast tax receipts rise 4.4pc in 2020

Sie told reporters that tax revenues would have been even higher had it not been for the COVID-19 pandemic, which has dampened business activity.
It has been one of the zone's fastest-growing economies, expanding by an average of around 8% annually over the past decade.

Published 14 Jan, 2021 07:47pm

Markets

Ivory Coast faces 100,000-tonne cocoa bean pile-up as demand slows

"Since December they stopped and don't pay anymore," said Philippe Ipou Kouadio, a village chief who farms 40 hectares in Soubre region.

Published 13 Jan, 2021 12:43pm

Markets

Ivory Coast cocoa farmers get boost from rainy weather

The mid-crop looks to be abundant. We have lots of cherelles and small pods on the trees.
In the centre of the country, the region of Yamoussoukro saw 67.5 mm of rain last week, 66.3 mm above the average.

Updated 11 Jan, 2021 07:46pm

Markets

Ivory Coast 2020/21 cocoa port arrivals seen at 1.165mn tonne by Jan 10

This weekly data has been adjusted using CCC data from the end of December.
About 44,000 tonnes of beans were delivered to Abidjan port and 43,000 tonnes to San Pedro between Jan. 1 and Jan. 10 for a total of 87,000 tonnes.

Published 11 Jan, 2021 06:36pm

Markets

Soil moisture helps Ivory Coast cocoa crop but slow demand forces bargain sales

Ivory Coast, the world's top cocoa producer, is in the dry season, which runs from mid-November to March.
We will still have a lot of cocoa. But it's the sales that's the problem.

Published 04 Jan, 2021 08:15pm

Markets

Ivory Coast 2020/21 cocoa port arrivals seen at 1.062mn T

About 31,000 tonnes of beans were delivered to Abidjan port and 35,000 tonnes to San Pedro between Dec. 21 to Dec. 27 for a total of 66,000 tonnes.

Published 28 Dec, 2020 03:06pm

Markets

Ivory Coast cocoa arrivals reached 729,662 T by Nov. 30

Cocoa arrivals at ports in top grower Ivory Coast reached 729,662 tonnes between Oct. 1 and Nov. 30.

Published 07 Dec, 2020 01:01pm

Gainers
Losers
Leaders

Stock	Price
A. Shah Ghazi / Apr 15 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.25 ▲ 1.00 (16.00%)
Sana Ind. (R) / Apr 15 Sana Industries (R)(SNAIR)	8.01 ▲ 1.00 (14.27%)
Universal Ins. / Apr 15 The Universal Insurance Company Limited(UVIC)	4.89 ▲ 0.59 (13.72%)
Ashfaq Textile / Apr 15 Ashfaq Textile Mills Limited(ASHT)	8.50 ▲ 1.00 (13.33%)
Shaheen Ins. / Apr 15 Shaheen Insurance Company Limited(SHNI)	4.19 ▲ 0.39 (10.26%)
Popular Islamic Mod. / Apr 15 Popular Islamic Modaraba(PIM)	5.50 ▲ 0.50 (10.00%)
Bal. Glass / Apr 15 Balochistan Glass Limited(BGL)	11.01 ▲ 1.00 (9.99%)
Olympia Mills / Apr 15 Olympia Mills Limited(OML)	11.50 ▲ 1.00 (9.52%)
Pervez Ahmed Cons. / Apr 15 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.27 ▲ 0.11 (9.48%)
B.R.R. Mod. / Apr 15 B.R.R. Guardian Modaraba(BRR)	10.38 ▲ 0.85 (8.92%)

Stock	Price
Flying Cement (R) / Apr 15 Flying Cement Company (R)(FLYNGR)	2.48 ▲ -0.51 (-17.06%)
Saif Power / Apr 15 Saif Power Limited(SPWL)	15.56 ▲ -2.85 (-15.48%)
Waves Singer / Apr 15 Waves Singer Pakistan Limited(WAVES)	21.18 ▲ -2.41 (-10.22%)
Unicap Mod. / Apr 15 Unicap Modaraba(UCAPM)	3.30 ▲ -0.35 (-9.59%)
Dawood Equities / Apr 15 Dawood Equities Limited(DEL)	5.81 ▲ -0.51 (-8.07%)
AKD Capital Ltd / Apr 15 AKD Capital Limited(AKDCL)	439.49 ▲ -35.63 (-7.50%)
Punjab Oil / Apr 15 Punjab Oil Mills Limited(POML)	204.00 ▲ -16.00 (-7.27%)
Frontier Cer. / Apr 15 Frontier Ceramics Limited(FRCL)	28.13 ▲ -2.17 (-7.16%)
Ghani Global Hold. / Apr 15 Ghani Global Holdings Limited(GGL)	31.24 ▲ -2.38 (-7.08%)
Data Agro / Apr 15 Data Agro Limited(DAAG)	16.00 ▲ -1.18 (-6.87%)

Stock	Volume
Telecard / Apr 15 Telecard Limited(TELE)	72,537,500 ▼ 0.00
Worldcall / Apr 15 Worldcall Telecom Limited(WTL)	64,648,500 ▼ 0.00
Hum Network / Apr 15 Hum Network Limited(HUMNL)	17,335,000 ▼ 0.00
Ghani Global Hold. / Apr 15 Ghani Global Holdings Limited(GGL)	12,825,000 ▼ 0.00
TRG Pak. / Apr 15 TRG Pakistan Limited(TRG)	10,962,901 ▼ 0.00
Pakistan Refinery / Apr 15 Pakistan Refinery Limited(PRL)	9,359,000 ▼ 0.00
Netsol Tech. / Apr 15 NetSol Technologies Limited(NETSOL)	8,978,000 ▼ 0.00
Attock Ref. / Apr 15 Attock Refinery Limited(ATRL)	8,108,800 ▼ 0.00
Unity Foods / Apr 15 Unity Foods Limited(UNITY)	8,093,633 ▼ 0.00
Ghani Global Glass / Apr 15 Ghani Global Glass Limited(GGGL)	7,194,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 13	152.75
USD PKR Interbank Buying / Apr 13	152.65
USD to Japanese Yen / Apr 14	108.96
USD to Swiss Franc / Apr 14	0.92
Pound Sterling to USD / Apr 14	1.38
Euro to USD / Apr 14	1.20
UK LIBOR % / Apr 14	0.07

Stock	Volume
S&P 500 / Apr 14	4124.66
India Sensex / Apr 14	48544.06
Tokyo Nikkei / Apr 14	29620.99
Nasdaq / Apr 14	13857.84
Hang Seng / Apr 14	28900.63
FTSE 100 / Apr 14	6939.58
Dow Jones / Apr 14	33730.89
Germany DAX 30 / Apr 14	15209.15
France CAC40 / Apr 14	6939.58