Global Corn Production Revisions and Market Trends: Impact on International and African Markets

2023-11-21 23:10:00 Global corn production forecasts for the year have been revised upwards. A trend which reassures the market and pushes prices down, on the international market, but also on the African continent. Between its October and November assessments, the US Department of Agriculture (USDA), whose monthly statistics are the reference, revised corn production upwards … Read more

Zircon Mining in Senegal: Impact, Benefits, and Controversies in the Lompoul Desert

2023-10-23 22:23:00 In Senegal, zircon mining continues and is now advancing on the large coast north of Dakar. It is getting closer and closer to the lucrative tourist desert area of ​​Lompoul which could be experiencing its last season. From our correspondent in Dakar The floating dredge and its sand sorting plant are gradually moving … Read more

Rising Cocoa Prices in Ghana: Impact on Planters and Strategies to Combat Illegal Mining

2023-09-10 22:26:00 Cocoa prices, which had been rising for months, suggested an increase in the price paid to the planter for the new campaign. And in fact, the new price announced by Ghana looks much more profitable: it has been set at 20,900 cedis per tonne, compared to 12,800 for the last harvest, or the … Read more

Rice Price Increase Mystery: Impact on Africa and Climate Change Concerns

2023-06-04 22:04:00 The measures taken by the Indian giant did not foreshadow such a price increase. But restrictions on the export of rice and broken rice imposed by New Delhi since last September have not had the desired effect. The price of Indian rice is now around 460 dollars per tonne for 5% broken rice … Read more

“Copper Prices Fall Due to World Economy; Rising Production Costs in Chile Could Lead to Future Increases”

2023-05-28 22:14:00 The slide began in mid-April and led copper back to its November price level. On the London Metal Exchange (LME), a ton has been trading for the past few days at around $8,000, 25% less than at the peak reached last year in the wake of the invasion of the ‘Ukraine. This fall … Read more

“Newmont’s Acquisition of Newcrest: Expanding Mining Activities and Copper Reserves Globally”

2023-05-15 22:02:00 With this possible takeover, the American mining giant is expanding its mining activities, not only in the field of gold, but also in that of copper, a strategic metal for the energy transition. The merger will thus allow Newmont to now be present on almost all continents: in North and South America, Africa, … Read more

Chronicle of raw materials – The Russians regain control over the export of their cereals

The countdown is on for the grain trading giants. As of July 1, these international players will cut themselves off from one of their jobs, which was to buy grain from Russian farms, transport it to the territory and store it in silos before shipping. A situation that has become untenable But leaving the territory … Read more

Chronicle of Commodities – “A Complicated Global Scenario” for Onions

Yields have not been there in Europe and importers are racing for yellow onions. All European countries are buyers, whether Poland, Serbia, Italy or Spain. To cite just one example, the production of Spanish onions has been reduced by almost 50% compared to previous years with areas that have decreased by 30% due to previous … Read more