Go to ...

Across Your Markets

Change in commodity futures prices YTD May 8, 2020: Cocoa (-4.8%); Wheat (+3.7%); Maize (-17.5%); ICE Natural gas (-55%); Gold (+12.1%); Soyabeans (-23.1%); Cotton (-18.2%); Rough rice (+27.2%); Platinum (-18.5%); Arabica coffee (-15.1%); Brent crude oil (-53.3%); Copper (-14.6%); Sugar (-23.3%);     Whilst Africa's growth in 2020 could fall to its lowest since the 2008/9 global financial crisis, the asymmetric nature of shocks facing the region, coupled with increasing investment and cross-border trade, should help the region recover speedily.

FrancTrade on LinkedInRSS Feed

Monday, September 21, 2020

Mining, Metals, Energy

“Buckle-up chicks!”: Commodity markets are pummeled lower

Two weeks ago, WTI crude for May delivery tumbled deep into negative territory. Some could argue the writing was on the wall when major #African producers failed to secure buyers from staple and long-haul markets, against a backdrop of severely limited storage capacity. Even now, markets in contango offer little comfort to naturally-long or speculatively-short

Averting a crisis: In Cameroon, the ‘Magi’ unwrap a pockmarked christmas gift; CFA franc devaluation ruled out for now

21 points Weak energy prices and heightened geopolitical risks have struck a debilitating blow on the economies of the central African economic union CEMAC. The urgency of the region’s challenge was articulated today in an impressive 21 point resolution taken at the end of an extraodinary meeting of Central African Heads of State held at the

Is West Africa getting high on liquid natural gas (LNG)

The West African region could become an important trading post for liquid natural gas (LNG) in the near to medium term as countries including Cote d’Ivoire, Senegal, Benin and Ghana complement other potential importers like Morocco, Namibia, South Africa and Sudan to grow Africa’s fledgling demand for LNG. Egypt turned net LNG importer, and Africa’s

Sell the fact! West African commodities and a Trump presidency  

Commodities traded by West African producers fell sharply ahead of the US presidential elections and are yet to recover following confirmation that Donald Trump had secured enough electoral college votes to be declared US President-elect. Strong Coffee: (Cote d’Ivoire, Cameroon) Coffee futures traded both in London and New York dived lower on Tuesday as investors,

Older Posts››