FDC COMMODITY UPDATE – FEBRUARY 02, 2017

The decline in the manufacturing PMI and suboptimal capacity utilisation signals that the manufacturing sector remains challenged. Power, forex and logistics constraints continue to impede the performance of manufacturing.

On the bright side, oil prices remain above $56pb and Forcados pipeline is expected to reopen in Q2’17, impacting positively on government revenue.

Click here for part two of the video