Morocco reported a surplus for the fourth consecutive year in its trade with Africa although its exports dropped 2.4% in 2018. Morocco exported 21.57 billion dirhams in goods to Africa in 2018. The continent takes 7.8% of Morocco’s exports. Over four years, Morocco’s exports to
Tea price trends in Assam and West Bengal remained flat during Q1 of FY2020, owing to the continuous decline in CTC prices from end of April 2019, on account of significant increase in the NI crop by 18% during March and April 2019, according to
Chicago corn futures closed higher for the first time in five sessions on Tuesday on technical buying and lower-than-expected condition ratings for developing U.S. crops, analysts said. Following widespread U.S. planting delays this spring, traders have shifted their attention to production prospects for crops that
In this report we discuss the outlook for the Nigerian palm oil sector and the sector player under our coverage over the rest of 2019. Weaker Prices, Benign Volume Growth, Depressed Top-line Growth Over Q1 19, Nigerian palm oil producers had to grapple with the
The Securities and Exchange Commission has said it has commenced the implementation of the report of its Technical Committee on Commodities Trading Ecosystem. The Acting Executive Commissioner (Operations) of SEC, Mr Isyaku Tilde, disclosed this when a delegation of the Commodity Brokers Association of Nigeria
Highlights Between January and March 2019 (Jan 2018=100) The All commodity group import index decreased by -0.46% due to the fall in prices of live animals; animal products, products of chemical and Allied industries, and wood and articles of wood, wood charcoal The All commodity
The Securities and Exchange Commission (SEC), has finally approved the commencement of operations at the Lagos Commodities and Futures Exchange (LCFE). It will operate as a full-fledged commodities and futures market. The development follows the initial approval-in-principle granted by the commission. Nairametricsunderstands that the LCFE is being promoted
Stakeholders accept demands Ghana and Ivory Coast on Wednesday announced that they had won concessions from stakeholders in the cocoa industry, including acceptance of a $2,600 floor price for a tonne of cocoa. The two nations had threatened to stop selling their production to buyers
At 0618 GMT, the rand traded at 14.8625 versus the dollar, 0.05 percent up from its previous close. Government bonds also gained, with the yield on the benchmark 2026 bond falling 0.5 basis points to 8.385 percent. Political uncertainty has fed investor jitters. The main
The Debt Management Office (DMO) has announced the results of its second Sovereign Green Bond offering for N15 billion where it overshoot the subscription target by 120 percent at the end of the offer. The offer, which opened to the general public on Monday, June