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Blue Economy Mauritius launches regional marine observatory with EU & IORA support to monitor Indian Ocean biodiversity • Energy Sri Lanka opens bids for offshore wind blocks near Mannar Basin; India’s NTPC and Adani among interested • Finance Seychelles secures $150M blue bond expansion backed by World Bank; aims for 30% marine conservation coverage by 2030 • Connectivity Maldives joins India’s IAX undersea cable, creating the region’s first “digital blue corridor” • Trade IORA ministers approve framework for sustainable fisheries & blue carbon market integration • Security Joint Indo-French patrols resume around Mozambique Channel; anti-piracy and illegal fishing remain key focus
CategoryCommodityPriceUnitDate Key Producers (Indian Ocean)Reserves / OutputOutlook
Precious MetalsGold3,710 ▲USD/oz05 Oct 2025Tanzania ~42 t; Madagascar ~5 tSmall-scale extractionCentral bank demand and inflation hedge
Precious MetalsPlatinum1,485USD/oz05 Oct 2025Minimal IO shareSouth Africa dominates supplyHydrogen-related demand support
Precious MetalsDiamonds122–136USD/carat05 Oct 2025Madagascar (artisanal)Limited scaleLab-grown competition pressures pricing
Base MetalsCopper9,945USD/ton05 Oct 2025Madagascar (Ambatovy)≈30k t refined/yrEV & transmission grid demand robust
Base MetalsNickel15,320 ▲USD/ton05 Oct 2025Madagascar (Ambatovy)≈40k t/yrRecovery after oversupply slump
Base MetalsGraphite695USD/ton05 Oct 2025Madagascar, Mozambique≈30 Mt oreCritical for EV anodes; price stabilizing
Base MetalsIlmenite / Zircon275–400USD/ton05 Oct 2025QIT Madagascar Minerals≈750 k t concentrateSteady pigment & titanium dioxide demand
Rare EarthsNdPr, Dy, Tb66USD/kg05 Oct 2025Tanzania, Madagascar (early exploration)UndevelopedPotential long-term export frontier
SpecialtyColtan / Tantalum158USD/kg05 Oct 2025Madagascar (artisanal)UnquantifiedTech sector resilience supports floor
EnergyBrent Crude68.3USD/bbl05 Oct 2025Mozambique (exploration)No active productionOPEC+ output discipline offsets weak demand
EnergyMozambique LNG11.6USD/MMBtu05 Oct 2025Coral South / Rovuma Basin~13 Mtpa ramp-upAsian winter demand buoyant
EnergyCoal107.4USD/ton05 Oct 2025Mozambique (Tete)~8 Mt exportsLong-term decline, short-term stability
EnergyUranium91.3 ▲USD/lb05 Oct 2025Madagascar (exploration)UndevelopedNuclear restarts sustain rally
AgricultureVanilla265 ▲USD/kg05 Oct 2025Madagascar ~2,000 t~80% global sharePersistent supply risk and quality premiums
AgricultureTea2.45USD/kg05 Oct 2025Sri Lanka, Madagascar~300 k tStable with mild auction recovery
AgricultureSugar0.23USD/lb05 Oct 2025Mauritius ~290 k tFalling outputGlobal softness offsets ethanol gains
AgricultureCoconut / Copra1,270USD/ton05 Oct 2025Sri Lanka, Maldives≈1 Mt combinedSteady Asian demand
AgricultureSpices (clove, nutmeg)6,400–9,200USD/ton05 Oct 2025Comoros, Sri Lanka, MadagascarNiche scaleStrong boutique export markets
AgricultureRice376USD/ton05 Oct 2025India, Madagascar2–3 MtWeather & export policy dependent
AgricultureWheat249USD/ton05 Oct 2025Mostly importedFully reliantPrices easing with harvest cycle
FisheriesSkipjack Tuna2,255USD/ton05 Oct 2025Seychelles, Mauritius≈610 k tStable; MSC-certified fleets lead exports
FisheriesYellowfin Tuna2,780USD/ton05 Oct 2025Regional IO fleetsDeclining catch quotasSupply constrained; EU import demand steady
FisheriesShrimp5,250USD/ton05 Oct 2025Madagascar ~15 k tExport-orientedFirm EU/Asia demand
FisheriesSardines / Pelagics520–710USD/ton05 Oct 2025Mozambique, TanzaniaRegional consumptionStable local markets
FisheriesPolymetallic Nodules——05 Oct 2025India, Seychelles (ISA permits)ExploratoryFuture deep-sea mining potential
CurrencyPairRateDateTrendOutlook
Mauritius Rupee USD/MUR ≈ 46.02 05 Oct 2025 Stable Moderate depreciation pressure offset by forex reserves; post-election consolidation phase.
Maldives Rufiyaa USD/MVR ≈ 15.31 05 Oct 2025 Stable Peg holds firm; record tourist inflows sustain external balance.
Madagascar Ariary USD/MGA 4,615 ▼ 05 Oct 2025 Weaker Persistent trade deficits and fuel import costs keep currency under stress.
Mozambican Metical USD/MZN ≈ 63.75 05 Oct 2025 Flat LNG inflows and stable current account limit depreciation risk.
Tanzanian Shilling USD/TZS 2,605 ▼ 05 Oct 2025 Softening Higher energy imports and infrastructure payments weigh on reserves.
Kenyan Shilling USD/KES 127.95 ▲ 05 Oct 2025 Firm Stabilized post-Eurobond inflows; CBK holding rates steady to curb inflation.
Seychelles Rupee USD/SCR 13.98 ▼ 05 Oct 2025 Marginally weaker Tourism seasonality and import bills create mild depreciation trend.

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