# Middle East Africa Commodities - Markets - Business Recorder

> 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.

- Date: 2016-11-25 · published 2016-11-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/73926-middle-east-africa-commodities-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The Algeria wheat purchase supports wheat export demand, while the rest of the roundup has little direct effect on feed commodity prices.

## Read by commodity

- SBM: neutral
- WHEAT: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/markets/middle-east-africa-commodities/19

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.