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1 Jacques Pienaar Office: Mobile: Latest price indications are in bagged excluding all taxes unless Benin Cashew nuts (raw) Porto-Novo (Benin) Egypt Urea - granulated Egypt Ghana White (ICUMSA 150) Accra White (ICUMSA 45) Accra Kenya Accra Mwitemania Nairobi Ammonia sulphate Mombasa Ammonium Nitrate Mombasa CAN/LAN Mombasa DAP Mombasa NPK (16:16:16) Mombasa SOP standard Mombasa Urea - Prilled Mombasa Maize (White) Nairobi Barley Mombasa Mombasa Maize (White) Nairobi Nairobi Wheat Mombasa - bulk (Ex Wh price incl. 10% Green grams Mombasa Brown Nairobi Nairobi KSH/t White (ICUMSA 45) Mombasa Brown Nairobi Malawi CAN/LAN Lilongwe NPK (16:16:16) Lilongwe Urea - Prilled Lilongwe Maize (White) Lilongwe Pigeon peas raw (white) Blantyre Mozambique Ammonia sulphate Beira Ammonia sulphate borrinated Beira Ammonium Nitrate Beira CAN/LAN Beira Compound D (NPK 10:20:10 4S) Beira Compound R (NPK 21:23:0) Beira DAP Beira MAP Beira MOP Beira NPK (16:16:16) Beira Potassium Nitrate (KNO3) Beira SOP standard Beira SOP WS Beira Tiger 90 Maputo Urea - Prilled Beira Zinc Sulphate (34%) Beira Zinc Sulphate Heptar (34%) Beira Apr May India 514 Brazil 571 Thailand 543 Brazil 561 Uganda 192 Black Sea 227 Black Sea 278 Western Europe 400 Black Sea 380 Black Sea 623 Northwest 273 Black Sea 266 France 308 Australia 305 Uganda 285 Tanzania 261 Black Sea 692 India 552 Thailand 733 Tanzania 371 Western Europe 481 Black Sea 373 Black Sea 930 India 205 Black Sea 230 Black Sea 240 Black Sea 283 Western Europe 400 Zambia 09 Mar Zambia 09 Mar Black Sea 433 Baltic 287 Black Sea 393 Black Sea 766 Northwest 628 Northwest 678 Northwest 440 South Africa 286 Black Sea 679 Northwest 720 Northwest Page 1 of 5

2 Latest price indications are in bagged excluding all taxes unless Maize (White) Beira Maize (White) Nampula Maize (White) Maputo Wheat Beira (12.5%) - bulk Beira (12.5%) - bulk Cashew nuts (raw) Beira (18% export tax deducted) Other Sesame seed (raw) Beira Cow peas Chimoio Pigeon peas raw (white) Beira long grain (25% br) Beira Nigeria Cocoa Cocoa (14/15 crop) Lagos Cocoa (15/16 crop) Lagos NPK (15:15:15) Lagos - bulk, incl. bagging cost Urea - granulated Lagos - bulk, incl. bagging cost South Africa beans (Red speckled)(grade 2) Ammonium Nitrate CAN/LAN MOP NPK (4:3:4(33)) SSP 10.5 Sulphur Sulphuric acid Richards Bay TSP 19.6 Urea - Prilled MAP MOP Phosphate rock (68% BPL) Phosphate rock Phalaborwa (PafosB) Sulphur UAN (32%) Urea - granulated Urea - Prilled Groundnuts (40/50) Groundnuts (50/60) Groundnuts (60/70) Groundnuts (70/80) Groundnuts (80/100) Groundnuts (Splits) Groundnuts Crush (Oil crush) South Africa 211 Germany Australia (APW) 211 Black Sea 282 Canada (CWRS) 208 Baltic 297 Australia (Hard) 269 India India China 990 India 451 Pakistan Western Europe Western Europe 302 Black Sea 275 Middle East Baltic Black Sea North Africa South Africa Middle East Black Sea Middle East Black Sea Page 2 of 5

3 Latest price indications are in bagged excluding all taxes unless Groundnuts Edible Crush (100/130) Groundnuts Edible Crush (140/160) Soybean meal Soybeans Soybean meal (incl. 6% Sunflower seed meal Soybean oil - Crude Sunflower seed oil - Crude Sunflower seed oil - Refined Soybean oil - Crude (Ex Wh price incl. Sunflower seed oil - Crude (Ex Wh price incl. Tanzania lint Dar es Salaam meal Northwest Tanzania / Dodoma oil Crude Dar es Salaam Seed Northwest Tanzania / Dodoma Seed Dar es Salaam lint Dar es Salaam CAN/LAN Dar es Salaam DAP Dar es Salaam NPK (16:16:16) Dar es Salaam Urea - Prilled Dar es Salaam Maize (White) Arusha Maize (White) Dar es Salaam Wheat Dar es Salaam (12.5%) - bulk (Ex Wh price incl. Cashew nuts (raw) Dar es Salaam (15% export tax deducted) Other Sesame seed (raw) Dar es Salaam Chick peas/yellow grams (raw) Dar es Salaam Green grams Dar es Salaam Pigeon peas raw (Mtwara) Dar es Salaam Milled rice (10% broken) Dar es Salaam Milled rice (5% broken) Dar es Salaam Paddy rice Dar es Salaam long grain (15% br) Dar es Salaam Brown Dar es Salaam Dar es Salaam White (ICUMSA 150) Dar es Salaam White (ICUMSA 45) Dar es Salaam May Feb Feb Argentina Argentina Argentina Western Europe US 278 Western Europe 400 Black Sea 380 Black Sea 273 Black Sea 310 Australia (Hard) 261 Black Sea 304 Australia (APW) 270 Germany 280 Argentina 339 Canada (CWRS) India China 666 India 653 India India 449 Pakistan 519 Brazil India 519 Brazil 548 Brazil Page 3 of 5

4 Latest price indications are in bagged excluding all taxes unless Sunflower seed Northwest Tanzania / Dodoma Crude Palm oil (CPO) Dar es Salaam Crude Palm Olein Dar es Salaam (Ex Wh price incl. 10% Palm (PFAD) Dar es Salaam (Ex Wh price incl. 10% RBD palm stearin Dar es Salaam (Ex Wh price incl. 10% Uganda lint Kampala Seed Kampala lint Kampala Soybean meal Kampala Soybeans Kampala Sunflower seed Kampala Sunflower seed meal Kampala Soybean oil - Crude Kampala Soybean oil - Refined Kampala Sunflower seed oil - Crude Kampala Sunflower seed oil - Refined Kampala Crude Palm oil (CPO) Kampala RBD Palm olein Kampala Soybean oil - Crude Kampala Sunflower seed oil - Crude Kampala Zambia Seed Lusaka Ammonia sulphate Lusaka Ammonia sulphate borrinated Lusaka Ammonium Nitrate Lusaka Brimstone 90 Lusaka CAN/LAN Lusaka DAP Lusaka MAP Lusaka MOP Lusaka NPK (16:16:16) Lusaka Potassium Nitrate (KNO3) Lusaka SOP standard Lusaka SOP WS Lusaka Tiger 90 Lusaka Tiger copper Lusaka Urea - Prilled Lusaka Zinc Sulphate (34%) Lusaka Zinc Sulphate Heptar (34%) Lusaka Maize (White) Lusaka Wheat Lusaka Wheat Lusaka - bulk Paddy rice Lusaka long grain (15% br) Lusaka Soybean meal Lusaka Soybeans Lusaka Tobacco Apr Apr May May Malaysia Malaysia 876 Malaysia 929 Malaysia US 886 Malaysia 931 Malaysia 955 Argentina Argentina 317 Black Sea 342 Black Sea 353 Black Sea 497 Middle East 396 Western Europe 526 Black Sea 546 Baltic 399 Black Sea 506 Black Sea 880 Northwest 742 Northwest 792 Northwest 552 South Africa South Africa 398 Black Sea 793 Northwest 835 Northwest 369 Black Sea 615 Pakistan Page 4 of 5

5 Latest price indications are in bagged excluding all taxes unless Tabacco (Burley) Lusaka Tabacco (Flue Cured) Lusaka Zimbabwe beans Harare Navy beans Harare oil Refined Harare NPK (16:16:16) Harare Urea - Prilled Harare Maize (White) Harare Maize (White) Harare Soybean meal Harare Soybeans Harare Soybean meal Harare Soybeans Harare Soybean oil - Refined Harare Aug Aug Mar China 471 Black Sea 363 Black Sea 263 Zambia 645 Zambia 577 Zambia Disclaimer Information contained in this report, while regarded as accurate as possible, can not be relied upon without independent analysis and Commodity Insight Africa is not responsible for actions taken as a result of this information. Page 5 of 5

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