Wednesday, April 25, 2012

Business Line : Industry & Economy / Agri-biz : Mixed trend in pepper market

Business Line : Industry & Economy / Agri-biz : Mixed trend in pepper market: Overseas trend

Vietnam pepper prices were easier today, according to an overseas report. The prices quoted fob HCMC prompt shipment with $50 per tonne premium for May shipment, were: faq min 500 G/L…$6,350; faq min 550 G/L $6,650; Asta min 570 G/L $6,900 and white double washed $9,375 tonnes.

Brazil B1 560 G/L…$ 6,800 a tonne (fob) Belem May shipment; Brazil Asta at $7,000 - $7,100 a tonne (fob).

Lampong ASTA was quoted in the $ 7200/7250 (fob). Shippers are said to be waiting for new crop arrivals in June/July.

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Friday, April 13, 2012

UPDATE 2-Brazil sugar crop struggles with drought, age-Unica | Reuters

UPDATE 2-Brazil sugar crop struggles with drought, age-Unica | Reuters: - Sent using Google Toolbar

Impact of Natural calamities over commodities. Crude Palm oil

Myiris news - News - Impact of Natural calamities over commodities by Geojit: Crude palm oil:

37% of the world supply of crude palm oil is accounted from Indonesia. Both Malaysia and Indonesia`s Free on Board prices are taken as a benchmark in calculating International Crude Palm oil prices. Hence, any such threats are expected to impact export from such countries that might threaten supply. Indian futures contracts of Crude Palm Oil have a direct correlation with Malaysian prices. Crude Palm oil prices have been surging for the last few months on expectations of lower soybean production. In the month of March, exports from Malaysia rose to 4.8% compared to February. Currently, Malaysian palm oil futures are trading near a 13 month high. On NCDEX platform, prices have been on a gush clocking more than 19% since the first week of February.

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Wednesday, April 11, 2012

Brazil, Thailand Raw-Sugar Premiums Fall on Ample Supply - Bloomberg

Brazil, Thailand Raw-Sugar Premiums Fall on Ample Supply - Bloomberg: Brazil, Thailand Raw-Sugar Premiums Fall on Ample Supply

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Brazil is everyone’s darling these days,

As Mexico booms, Canadian exporters benefit - The Globe and Mail: Brazil is everyone’s darling these days, but Mexico’s economy is growing faster at the moment. Mexican GDP advanced at an annual rate of 3.7 per cent in the fourth quarter and at an annual rate of 4.5 per cent in the third quarter of 2011. That left mighty Brazil eating Mexico’s dust. Brazil’s GDP grew at annual rates of 1.2 per cent and 2 per cent in the fourth and third quarters respectively. For all of 2011, Mexico’s economy expanded 3.9 per cent compared with 2.5 per cent in Brazil, according to Bank of Nova Scotia.

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Friday, April 6, 2012

World food prices rise further, raising fears of unrest. For poor people the struggle for life will not be better than it is today."

World food prices rise further, raising fears of unrest: TIGHT SUPPLIES

The FAO cut its estimate for world cereal production in 2011 slightly to a still record 2.343 billion tonnes, down from an earlier estimate 2.344 billion tonnes. It confirmed an earlier forecast for world wheat output to fall 1.4 percent from last year's record crop to 690 million tonnes in 2012.

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World food prices rise further, raising fears of unrest

World food prices rise further, raising fears of unrest: World food prices rise further, raising fears of unrest

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Tuesday, April 3, 2012

Brazil’s immanent sugar crop

Speculation over the size of Brazil’s immanent sugar crop continues apace as Macquarie forecast the harvest to reach only 500 million tonnes , down 4% from its earlier forecast. The Australia based investment bank puts this down to aging cane profile and unusually dry weather – with key Centre-South regions receiving less than 50 percent of the average amount of rainfall in February and March this year at a crucial time for cane development.

Sunday, April 1, 2012

Bringing Back Cocoa in Southern Bahia, Brazil.

Bringing Back Cocoa in Southern Bahia, Brazil.: Bringing back cocoa in Southern Bahia, Brazil

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Could the Appetite For Chocolate Exceed the World's Supply? | ABC News Blogs - Yahoo!

Could the Appetite For Chocolate Exceed the World's Supply? | ABC News Blogs - Yahoo!: Cocoa is a crop that is fragile. Cocoa is a crop that is very picky where it likes to grow," Peck said. "It needs tropical, humid conditions with rich soil. There's not a lot of land availability with those conditions around the world."

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