98 per cent per annum, the ADIB Soft Commodity
Note return, which is based on the performance of three soft commodities, is expected to be higher.
The facility extended by the regional lender, as per a statement, will support the local farmers and the suppliers of soft commodity
in the targeted countries increase their income and produce superior crops for the export markets.
OPTIMISTIC OUTLOOK: There is a growing feeling that soft commodity
prices will rise, says Strutt & Parker's Land Agency Department.
This Soft Commodity
Finance Facility (SCFF) is one of the core Trade Finance instruments in the Bank, innovatively structured to provide pre- and post-shipment finance along various stages of ETGs commodity value chain operations in the 17 countries expected to benefit from the initiative.
So the demand and supply equation is will be in a potentially huge imbalance, leading to much higher soft commodity
In order to fund its value chain operations in Malawi, Mozambique and Zimbabwe, the African Development Bank (AfDB) has approved a US$20mn soft commodity
finance facility with Meridian.
The portfolio managers identify and exploit pricing anomalies within and between soft commodity
derivative markets (ie futures and options), as well as trading and investing in agricultural and related commodities.
The Soft Commodity
Finance Facility will offer pre and post-shipment finance along different stages of Meridian's soft commodity
value chain operations in the three countries to help local farmers and soft commodity
vendors to boost their revenues and produce quality crops for export.
Saxo Bank said the Commodity CFDs will create greater access to energy, metal, soft commodity
and grain markets as well as more flexibility.
This Soft Commodity
Finance Facility is designed to provide pre- and post-shipment finance along various stages of Meridians soft commodity
value chain operations in the three countries concerned, to help local farmers and soft commodity
suppliers to grow their revenues and produce quality crops for export.