Expectations of Bumper Harvest In Ivory Coast To Push Cocoa Prices Downward In The Near Term

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Wednesday, April 17, 2019 09:32AM /by FDC Ltd

Brent oil rose marginally by 0.08% to $71.24pb due to prospects of lower production from Libya after hostilities resumed between two major armed groups. At $71pb, the price of oil is 17% above the budget benchmark ($60pb) and remains supportive of external reserves and naira stability.

The Eko Electricity Distribution Company confirmed that there was a total system collapse of the Transmission Company of Nigeria’s network for at least 10 hours today, having a negative impact on aggregate output and pushing up diesel prices.

The attached slides address these and other issues in the domestic and global commodities market. 


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


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