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Prices of cassava and millet shoot up

bycitibusinessnews
November 20, 2015
in Business, Local Economy, News
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Whereas prices of some foodstuffs increased in the Ghanaian markets within the third week of November, others decreased.

[contextly_sidebar id=”GZEfVSjXn51yJ5Eyi5J1l05hz1eWYUFw”]The highest increase of 7 percent was made by Cassava (fresh tubers) to close the week at an average price of GH¢ 3.50 per 3-4 tubers.

This was followed by Millet with 4 percent gain in price to close the week at GH¢ 5.00 per olunka.

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According to Esoko Ghana, Maize, Tomato and Yam dropped by 2 percent each, to close the week at an average price of GH¢ 4.20, GH¢ 11.20 and GH¢  3.80 respectively.

Cassava (Gari), Cowpea, Rice (imported –unclesam), and Soya beans also followed with a percentage drop each.

They closed the week at GH¢ 4.40, GH¢  7.70, GH¢  27.80 and GH¢  6.50 per olunka and per 1 small bag (5kg) for Rice respectively.

The other commodity prices remained the same.

On the various markets, the price for an “olunka” of maize gained by a percentage in Dambai to close the week at GH¢ 5.00 and dropped by 16 percent in Techiman to close the week at GH¢ 3.00 and also dropped by a percentage in Accra and Kumasi to close the week at GH¢ 4.00 and 5.10 respectively, whiles in the other various markets remained the same.

A “medium size tomato tin” full of fresh tomatoes lost 17 percent in Takoradi to close the week at GH¢ 18.00 with Kumasi losing 2 percent to close at GH¢  8.00 and also with Dambai dropping 10 percent to close at GH¢ 4.50.

The commodity however made some gains in Accra and Bawku. In Accra, it gained 15 percent to close at GH¢ 20.70 and in Bawku by a percentage to close the week at GH¢  9.00. In the other markets, prices remained the same.

–

Credit: Esoko Ghana

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