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A roundup of Middle East, Africa and commodity market headlines includes Zambia's planned duty on copper concentrate imports, Egypt removing a 20% white sugar import tariff, and Algeria buying at least 400,000 tonnes of wheat in a tender. It also notes Ivory Coast allowing cocoa contracts to roll over and a soymeal cash offer report.
The Algeria wheat purchase supports wheat export demand, while the rest of the roundup has little direct effect on feed commodity prices.
brecorder.comNov 25, 2016Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
