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Tomato prices dip in second week of March

bycitibusinessnews
March 11, 2016
in Top Stories
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The price of tomato decreased in the second week of March.

Figures released by Esoko Ghana showed that the price of the commodity declined by thirteen percent. This is contrary to the highest gain it recorded last week when its price increased by seven percent.

It is now selling at 6 cedis 70 pesewas per medium size tin.

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Cassava and groundnut followed with five percent drop in their prices. While three to four tubers of cassava are selling at 6 cedis 30 pesewas, a medium size tin of groundnut is selling at 12 cedis 50 pesewas.

The price of yam declined by two percent to close the week at 4 cedis 90 pesewas per medium size tuber. Maize and local rice both recorded a percentage drop in prices for the second week of March.

The prices of cassava, millet, cowpea and soyabean however recorded gains in prices of between two and nine percent.

Esoko Ghana also reports that on the various markets, a medium size tin full of fresh tomatoes lost thirty percent in Techiman to close the week at 7 cedis.

In Tamale, the commodity lost twenty-four percent to close the week at 5 cedis 20 pesewas.

In Dambai, tomato lost 19 percent to close the week at 3 cedis 40 pesewas. Accra and Kumasi also lost 9 percent each to close the week at 10 cedis and 7 cedis 30 pesewas respectively.

In the other markets, the price remained the same. On the various markets, the price for an “olonka” of maize gained 14 percent in Techiman to close the week at 4 cedis and dropped by 10 percent in Accra to close the week at 4 cedis 50 pesewas and also dropped by 4 percent in Kumasi to close the week at 5 cedis, whilst in the other markets, the price remained the same.

– Credit: Esoko Ghana Commodity Index

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