Thursday 25 April 2024
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Some countries losing up to 67 per cent of commodity exports earnings due to misinvoicing, says UN

NAIROBI, Kenya - Some commodity-dependent developing countries are losing as much as 67 per cent of their exports earnings, worth billions of dollars, due...

Futures prices soar on stronger Real, rain damage

Arabica coffee futures recovered sharply on Tuesday, as Brazil’s currency rose to an 11-month high. The benchmark contract for September delivery closed 455 points higher at 140.60 cents for pound on Real’s performance ...

Arabica futures post best gains in almost 3 months

MILAN – Arabica coffee futures rallied on Monday recording their best daily gains in nearly three months. The most active contract for May delivery rose 405 points, almost 4 percent, on speculative buying...

Latin American exports to EU drastically fall

Exports from Latin America and the Caribbean will fall roughly 14% this year to $914 billion (€829 billion) as a result of sharply lower...

World Bank revises down forecasts for oil prices, other key commodities in 2015 and 2016

WASHINGTON, U.S. – In its latest commodity update, the World Bank is lowering its 2015 forecast for crude oil prices from $57 per barrel...

Louis Dreyfus Commodities Supervisory Board elects Chairperson and appoints CEO, CFO

ROTTERDAM, The Netherlands - Louis Dreyfus Commodities today announced that Margarita Louis-Dreyfus, currently Chairperson of Louis Dreyfus Holding, has been appointed Non-Executive Chairperson of...

Coffee and sugar prices will remain low, according to ABN AMRO.

Coffee and sugar prices will remain low, says ABN AMRO in its latest monthly report. Price levels are expected to remain low due to...

VIETNAM – New Coffee Exchange kicks off operations in Buon Ma Thuot

The Buon Ma Thuot Coffee and Commodity Exchange (BCCE) started operations yesterday, local media report and will trade in coffee. Formerly known as the Buon...

OLAM INTERNATIONAL – Company reports steady and improved underlying performance in most platforms

SINGAPORE – Olam International Limited (“Olam”, “the Group” or “the Company”), reported on February 13, 2015, its results for the quarter and six months...

BRAZIL – Commodity prices down 5% in January

BRASILIA – The prices of commodities (internationally traded staple goods) was down 5.14% in January this year from December 2014. Over a 12-month period,...

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