The port authorities of Valencia starts the bidding concession which implies the inversions of 1,000 million which could make the definitive stroke to Algeciras and Barcelona.
Hapag-Lloyd and Ocean Network Express (ONE) have concluded a Bilateral Strategic Feeder Network Cooperation Agreement, which has already started on the first trades.
📅 18/10/2018 16:00
A volume of 19 million tons is projected. That is 10% less than what was projected two months ago.
Up to October 10, Argentina sold 5.8 million tons of 2018/19 wheat abroad, which means more than US$ 1,300 million. Estimating a 19 Mt production, exportable balance is projected at 12.6 Mt, which would bring final stocks to a historical minimum of 0.3 Mt.
If 2018/19 crop cycle meets the planted area and yields projections, 250,000 silo bags might store near 45 million tons of grains in Argentina. Silo bags would reach a US$ 500 million turnover and will continue to contribute to the reduction of seasonal variation in grains prices.
A weaker currency improved soybean and corn prices in the domestic market. However, the high internal and external demand for corn contrasts with current soybean market situation.
Burkina Faso, one of the world's least electrified nations, aims to provide 100% access to electricity to its urban population and 49% for its rural population by 2020 compared to the current electrification rate of 20%. So how can a landlocked, low-income economy, with limited resources, achieve this ambitious target? Find out.
The Rosario Stock Exchange expresses its satisfaction with the progress of the merger project between the two futures and options markets of Argentina, MATba and ROFEX.
Meanwhile, consumption adjusts and the exports stagnant
Currently, total wheat stocks in Argentina are 4.1 million tons, half of which has already been commercialized. Meanwhile, new crop export sales reached the annual a record of 5.89 million tons last week. Strong demand underpinned local prices during the week. As for the crops, some lots will suffer losses due to frost.
The Paraná-Paraguay waterway system is one of the longest natural waterways on the planet: it is 3442 km. long from Puerto Cáceres (Brazil) to Nueva Palmira (Uruguay). It consists of three great rivers: Paraguay, Paraná and Uruguay. The waterway's direct incidence area is about 720,000 km2, while its indirect incidence area is 3,500,000 km2, involving a population of more than 40 million. Moreover, it is one of the most important transport networks in order to achieve physical and economic integration of MERCOSUR.
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