In an attempt to steady markets amid supply concerns, the Kenyan National Cereals and Produce Board has been distributing reserve maize to millers at Ksh 2,300 per 90 Kg bag. As maize stocks in the strategic food reserve dwindle, however, maize flower prices have risen to Ksh 124 Per 2 Kg packet, with buyers and sellers pricing-in the potential of future shortages.
We hope everyone had a safe and fun 4th of July, as expected it was a quiet holiday week in the frac sand market. Pricing for both northern white and FOB Kermit remained in the same range, but dropped slightly lower. An expected quiet week for overall activity and since many mines are not running at full capacity pricing remained at a relatively stable position.
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Northern white suppliers continue to look at the Eagleford as the market to provide support. A slowdown in activity coupled with two additional mines coming online has put pressure on pricing and left many transloads with additional supply in the basin.
PanXchange produces indices for emerging commodities bringing price transparency, price discovery, and key market intelligence. We acquire pricing information by conducting surveys with vetted and anonymous market participants and make expert assessments based on a variety of factors. We will publish monthly spot biomass assessments for Colorado, Oregon, and Kentucky, with plans of expanding crude, distillate, and isolate reporting as well as additional regions.
Maize prices continue to fluctuate and are currently trading at UGX 1,150 per kg in the Kampala area as traders await the middle of July when the new crop will enter the market and should lower price points. Some soybean growing areas, especially the Busoga region in Eastern Uganda, have begun harvesting but high moisture content has eased the price to UGX 1,800 per kg. Tanzanian and Malawi soybeans are coming into Uganda at between UGX 1,900 per kg and UGX 2,000 per kg. Sesame seeds will also be harvested next month but traders have been advised to purchase early to avoid shortages and high prices in the Lira area. Sesame seeds are currently trading at UGX 6,000 per kg in Lira and Mombasa rates are currently at USD 1,450 per metric ton.
In the northern white market, we have heard of mines scaling back utilization as demand has slowed in major basins. Activity in south Texas has flipped in the past week with…
In the northern white market, 40/70m has seen a solid increase in demand shown with higher FOB mine pricing. Most of this demand is centered in the Eagleford and the uptick in STX activity is keeping NWS afloat, as we have seen a decrease in spot transactions for northern white in the Permian.
Denver, June 13, 2019 — PanXchange, an OTC exchange and price discovery platform for physical commodities, today announced that it will distribute its proprietary pricing data for hydraulic fracturing proppants, better known as frac sand, through Quandl, a leading provider of financial and alternative data for financial professionals.
The majority of CBD is extracted from hemp through two main processes: CO2 extraction and solvent extraction.CO2 extractionIn this process, carbon dioxide is under supercritical conditions – high pressure and low temperature – to isolate and preserve CBD. The CO2 method produces the cleanest, most isolated CBD oil that is free from chlorophyll, but requires much higher upfront fixed costs and a significantly steeper learning curve to perfect the process.