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Some countries losing up to 67 per cent of commodity exports earnings due to misinvoicing, says UN
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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
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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
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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
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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
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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
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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.
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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
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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
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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
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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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