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Market | Commodities

Price Decline Across Grains – AFEX Commodities Weekly Report 240223

Mar 01, 2023   •   by AFEX   •   Source: AFEX   •   eye-icon 161 views

The cash crunch and elections have continued to slow down market activities. In the last trading week, the open market experienced a decline across grains, with an average decline of 2.32%. Maize declined by 3.10% w-o-w, making it the top loser. 

Due to the cautionary approach of processors and investors, the Exchange witnessed a similar trend as most grains closed lower. Maize also topped the loser chart, declining marginally by 1.53%. 

The outcome of the general elections and the cash crunch will continue to shape the direction of the domestic market this week.

 

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