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DJ SOFTS HIGHLIGHTS: Top Stories Of The Day71 days ago
India has removed the limit on duty-free white sugar imports until March 2010, a senior government official said Monday.
Rain will stall Brazil's main center-south sugarcane harvest next week, according to weather service Somar on Friday.
Brazilian construction company Odebrecht SA said Friday that it intends to produce sugar and ethanol in Angola in 2010.
The Common Market for Eastern and Southern Africa, or Comesa, has called on Kenya to abolish sugar import licenses, The Standard newspaper reports Friday.
The Sugar Board of Tanzania, or SBT, has invited traders to bid to import 50,000 metric tons of sugar to ease a shortage of the sweetner, the state-run Daily News newspaper reports Friday.
ICE futures U.S. world sugar settled higher on Friday after paring earlier losses following a selloff amid news of a Dubai financial crisis.
A total of 1,421 metric tons of cocoa beans were bought for grinding between August and October of the ongoing 2009-2010 season by the Cameroon affiliate of Switzerland-based Barry Callebaut AG, statistics published Monday by Cameroon's commodity supervisor, the National Cocoa and Coffee Board, show.
The Cameroon affiliate of Switzerland-based Barry Callebaut AG bought 74 metric tons of cocoa beans for crushing between August and September, far down from the 4,797 tons bought during same period last year, according to data from the National Cocoa and Coffee Board, or NCCB.
Barry Callebaut AG aims to dispose of its consumer chocolate business next year after a failed attempt to sell to Spain's Natra SA earlier this year, the Swiss chocolate company's chief executive says in an interview appearing in Saturday's Finanz und Wirtschaft.
Cocoa traders in Cameroon's second main cocoa-growing area, the Center Region, have resumed selling their produce as market prices slipped to XAF1,200-1,250 a kilogram from XAF1,300-1,350/kg, farmers and traders told Dow Jones Newswires on Saturday.
U.S. cocoa futures fell Friday but ended off session lows, pressured as traders shied away from riskier investments like commodities and bought the dollar instead.
Prices at Tanzania's weekly Moshi coffee exchange auction Thursday were slightly down on the previous auction taking their lead from ICE futures on the U.S. exchange, a Tanzania Coffee Board official said Friday.
Arabica coffee futures fell modestly Friday, though values ended off their lowest levels of the day, on buying related to the dollar coming down from its highs and traders buying back previously sold positions.
-By Eva Szalay, Dow Jones Newswires; 4420-7842-9449; eva.szalay@dowjones.com
(END) Dow Jones Newswires
November 30, 2009 06:42 ET (11:42 GMT)
TOP STORIES
INDIA REMOVES CAP ON TAX-FREE WHITE SUGAR IMPORTS - OFFICIAL
SUGAR
=RAIN TO STALL CENTER-SOUTH SUGARCANE HARVEST NEXT WEEK -SOMAR
BRAZIL CO ODEBRECHT TO PRODUCE SUGAR, ETHANOL IN ANGOLA
EAST AFRICA TRADE BLOC URGES KENYA TO END SUGAR IMPORT LICENSES
TANZANIA SEEKS TO IMPORT 50,000 TONS OF SUGAR TO EASE SHORTAGE -PAPER
ICE SUGAR REVIEW: REGAINS COMPOSURE TO END HIGHER
COCOA
BARRY CALLEBAUT CAMEROON BUYS 1,421 TONS OF COCOA BEANS FOR CRUSHING
BARRY CALLEBAUT CAMEROON BOUGHT 74 TONS COCOA BEANS AUG-SEPT
BARRY CALLEBAUT CEO: AIM TO SELL CONSUMER ARM IN 2010 - REPORT
CAMEROON'S CENTRAL REGION FARMERS RESUME COCOA TRADE
ICE COCOA REVIEW: LOWER ON DOLLAR BUT LOSSES PARED
COFFEE
TANZANIA COFFEE PRICES SLIGHTLY DOWN ON ICE LEAD -COFFEE BOARD
ICE COFFEE REVIEW: ENDS LOWER BUT PARES WORST LOSSES
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