Monday, May 09, 2022 / 05: 42 PM / Kainosedge Consulting for AFEX Commodities Exchange/ Header Image Credit: Ecographics
In the domestic market, prices of commodities fell W-o-W due to traders' inaccessibility to the market because of the frequent rainfalls.
In the open market, only the price of Sorghum increased while prices of other commodities declined on the W-o-W. A similar trend was observed in the international market as prices of all commodities fell on W-o-W except sorghum, sesame, and cashew.
In subsequent weeks, it is expected that domestic prices of commodities will fall further due to low market turnout as farmers prepare ahead for the new season.