Currently, the international three-week moving average price of US no. 2 Hard Red Wheat must be below $279/tonne.
Despite the positive signal from the barometer index, the outlook for trade remains highly uncertain.
Zimbabwe is projected to produce a record 6 000 metric tonnes of avocados in 2024.
The initial application to access the Chinese market was made 15 years ago.
Export sales declined, possibly due to supply chain issues and slow demand in Europe and China.
Platinum made up the bulk of the value at $3.03bn, followed by diamonds at $629 million. Gold exports totalled $446m in value.
Donald MacKay responds to article stating position of International Trade Administration Commission.
German exports of components to SA have decreased from a 47% share of the total in 2015 to 34% in 2022, according to TIPS.
The differing systems for import and export boxes moving in and out of the port continue to add to snarl-ups.
Growth in regional imports and exports has boosted demand for the port’s services to reach markets.
In 2021, the export value of canned fruit was R2bn, with canned peaches leading at R870m.