Commodity & Trade Updates
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Côte d’Ivoire plans to launch a pilot phase for the Agricultural Commodities Exchange to boost marketing of strategic agricultural products
CÔTE D’IVOIRE – Authorities in Côte d’Ivoire have given the go-ahead to create a pilot phase for an Agricultural Commodity Exchange (BMPA) to trade cashew…
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ZMX’s Warehouse Receipt System gets a nod on Liquid Asset Status
ZIMBABWE – The Zimbabwe Mercantile Exchange (ZMX), a commodity marketplace, has announced that its Warehouse Receipt System has been conferred with Liquid Asset Status by…
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BRICS foreign ministers call for full implementation of Black Sea Grain Initiative
SOUTH AFRICA- The BRICS (Brazil, Russia, India, China, and South Africa) foreign ministers concluded their meeting at Cape Town in South Africa, calling for full…
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FAO food price index dips a two-year low in May amid significant price drops in cereals and vegetable oils
GLOBAL – The United Nations’ Food and Agriculture Organization’s (FAO) Cereal Price Index declined nearly 5% in May, its lowest in two years, underpinned by…
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Russia continues to limit grain shipments from Ukrainian ports, Hungary asks EU to continue import curbs
UKRAINE- Ukrainian officials say that Russia continues to block the recently renewed Black Sea Grain Initiative by halting the registration of ships to all Ukrainian…