Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Research, Trends more

Commodities: Destination Africa

Posted on 11 November 2013

At the food processing plant he runs in Lagos, Mukul Mathur describes the thousands of miles that his tomatoes travel. At first, their odyssey between Nigeria and California appears unremarkable in an age of globalisation.
Mr Mathur would seem to be just another trader buying raw materials in Africa and selling them to distant, wealthier markets. But he actually runs a supply chain at odds with old, colonial-era trade routes. “We farm tomatoes in California, process them into triple concentrate and ship them to Nigeria,” Mr Mathur, an Indian-born trader, says at the $12m plant that Olam, a leading commodities house, opened in Lagos this year………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031