UPDATE 1-Ghana 2012 mid-crop cocoa seen down 60 pct-sources
ACCRA, July 10 (Reuters) - Ghana's minor mid-cocoa output
for the 2012 season is expected to fall 60 percent to 42,000
tonnes, compared with about 107,000 tonnes harvested in the
previous seasons, three sources close to industry regulator
Cocobod said on Tuesday.
WAfrica Crude-Nigeria pauses at dtd plus $1/bbl floor
GENEVA, July 10 (Reuters) - The Nigerian benchmark grade was
steady on Tuesday as some buyers sought bargains after Qua Iboe
fell to a more than two-year low of around dated plus $1 a
barrel the previous session.
Two Qua Iboe tankers from the August programme were heard
sold this week, although traders said that several Nigerian
cargoes remain unsold from the June and July programmes.
An usual fixture was reported the previous session with a
Nigerian tanker booked to Uruguay, traders sai
UPDATE 2-Dollar limit sends Zambia kwacha jumping
JOHANNESBURG, July 10 (Reuters) - A new law in Zambia
limiting the use of dollars in everyday transactions has
triggered a dramatic 8 percent rally in the kwacha in the past
week, and other African countries struggling with weakening
currencies are taking note.
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