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Africa Commodity News, Analysis, and Prices

For up-to-the-minute Africa news and prices
For up-to-the-minute Africa news and prices
For over 100 years Platts has been at the forefront of pricing and news in the energy markets. Today, we publish the essential information that you need to navigate the rapidly evolving commodity markets that Africa plays a key part in. Here you will find a focal point for all our existing benchmark services covering this vibrant region - from explaining the unique Platts pricing methodologies to showcasing the news, analysis and prices moving markets such as oil, petrochemicals, agriculture, and metals.

News Features

January 15, 2018
Doubts over the future of the global oil and natural gas industry could be stoked further this year if appetites for lending and investment in the fossil fuel sector continue to wane. Climate change, the rise of renewable energies and the prospect of peak oil demand are already knocking dents into the long-term investment outlook for the oil sector.
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Latest Africa News

London (Platts)--12 Feb 2018 1233 pm EST/1733 GMT
The volume of Atlantic Basin thermal coal derivatives traded in January totaled 70.8 million mt, a 55.4% increase compared with the prior month, but down 51.2% year on year, according to data released by the London Energy Brokers' Association.
London (Platts)--9 Feb 2018 949 am EST/1449 GMT
Indian buyers have increasingly been seeking higher-CV thermal coal from South Africa recently as US material has become more expensive and Chinese buying has mopped up any available volumes from Indonesia, traders said.
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The Barrel blog

February 01, 2018
The commoditization of the global LNG market has had implications across several associated industries, ranging from the gas-fired power sector to seaborne gas transportation.
January 10, 2018
It is evident from industry events these days that shipping is often either way down the agenda or overlooked completely. Alex Younevitch, managing editor for EMEA freight markets at S&P Global Platts, elaborates.
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Commodity Pulse video

Can OPEC and US shale walk oil market tightrope?
February 08, 2018
OPEC and its non-OPEC allies are steadfastly sticking to a historic production cut deal and US shale producers are caught between the lessons of the past and the opportunities of the present. What are the ramifications?
5 themes driving commodity markets in 2018
December 20, 2017
Energy prices were rangebound for most of 2017, with oil prices staging a sustained rally in the final quarter but there have been some big structural and political shifts that are likely to reverberate.
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February 13, 2018-Ukrainian corn prices have risen to a 6-month, rising sharply since the turn of the year, making it the most expensive origination globally. Driving the surge is demand from China, which has bolstered fundamentals.
February 08, 2018-With 23 months to go, it is still uncertain whether refineries will be able to meet demand for low sulfur bunker fuel. We give our insight on what shippers can expect come 2020, when the IMO's global sulfur cap comes into effect.
December 18, 2017-Global policies to cut shipping emissions could create massive new demand for LNG as a bunker fuel, with Europe in particular planning to invest nearly $2.4 bil in LNG refueling infrastructure at both sea and inland ports to 2030.
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Platts Africa Price Assessments

West African Cargoes

Gasoline FOB NWE
Gasoline CIF West Africa

West African Crude


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Oil, petchems, coal, steel



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