Group items tagged

Africa is or rather used to be the biggest exporter of raw materials. The demand on their commodities come mostly from China, Brazil as well as India. The cooling in economy of China causes drop in demand for oil, wood etc.

I think Africa is one of the richest continents, if not the the richest, however, unfortunately its people are amongst the poorest and least developed in the world.

This article is about the fall of the price of robusta coffee. The largest producer of robusta coffee, is pushing prices down in the global market.And they believe that the output will increase. As there is an oversupply, the stock is likely to be sold at a discount before the harvest for the next crop begins.

Australia, Russia exports seen hit; Indonesia to be exempt * China thermal coal futures, China shares of top coal firms rise (Adds analyst's comments, coal futures and coal firms' shares) By Fayen Wong SHANGHAI, Oct 9 (Reuters) - China, the world's top coal importer, will levy import tariffs on the commodity after nearly a decade, in its latest bid to prop up ailing domestic miners who have been buffeted by rising costs and tumbling prices. China will levy import tariffs between 3-6 percent.