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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.

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Monday, September 21, 2020

Bauxite

Australia, China, UAE underpin resurgence in base metals in Cameroon and Guinea

Birsok Australia’s Canyon Resources Ltd has announced that it is in advanced discussions with the government of Cameroon in relation to developing a Direct Shipping Ore (DSO) bauxite operation. FrancTrade believes this is with regard to an earlier announced Joint Venture agreement to acquire up to a 75% interest in the Birsok Bauxite Project in