References in periodicals archive ?
Abidjan: The African Development Bank signed a loan agreement for a soft commodity finance facility (SCFF) with the Export Trading Group (ETC).
The largest pre-export soft commodity financing facility in sub-Saharan Africa, the loan was oversubscribed by $300 million.
The event also marked the 25th anniversary of Ghana's engagement in the top notch world-class soft commodity financing since it first did in 1991/92 cocoa season.
"Soft commodity prices and supply/demand imbalances represent important challenges to our customers in mining," said Patrik Nolaker, group CEO of DSI.
"Due to soft commodity prices, weak margins, cash and capital constraints, and sceptical investors, most companies around the world have significantly curtailed their capital investments in the short term." According to the World Bank Commodity Markets Outlook quarterly report, published in April this year, prices of energy-related commodities decreased by 41.7% between the first quarter of 2014 and first quarter of 2015.
The Board of Directors of the African Development Bank (AfDB) approved on 10 July a two-year EUR 100 million Soft Commodity Finance Facility for Sucres & Denrees Cote d'Ivoire (Sucden CI), a wholly owned subsidiary of Sucden SA in France.
Many economists believe that we are entering a period of soft commodity prices.
In addition, we are also looking at listing more currency, equity and soft commodity related products," said Gaurang Desai, Interim CEO of DGCX.
With European equity derivatives, interest rate derivatives and soft commodities now listed on the widely distributed and feature rich ICE trading platform, these contracts can now be traded side by side on WebICE with ICE's flagship US MSCI and Russell index contracts, as well as with the Eurodollar and GCF Repo futures contracts and the US soft commodity complex.
Meanwhile, resource-rich economies of the CIS are facing head-winds from soft commodity prices.
Sydney: Mining titan Rio Tinto unveiled dramatic spending cuts on Tuesday, aiming to halve capital expenditure by 2015 as it targets a return to profit amid soft commodity prices and a volatile outlook.