The price of cassava recorded the second highest drop in price for the second week in June.
[contextly_sidebar id=”pjB5z2JF09Bc4LYgyGhnC4SJyrdbcvmP”]Figures released by Esoko Ghana showed that the price of the commodity declined by three percent.
Three to four tubers of cassava are now selling at 7 cedis 80 pesewas compared to the 8 cedis price for the same quantity last week.
Tomato, whose price dropped for the second consecutive week in June,recorded the highest drop in price.
A medium size tin of the produce is now selling at 12 cedis 30 pesewas from the 12 cedis 90 pesewas.
The prices of gari and groundnut also dropped 2 percent each to sell at 6 cedis 30 pesewas and 14 cedis per medium size tin respectively.
Meanwhile Esoko reports that the prices of local rice and yam increased by 3 percent each.
Both closed the week at 7 cedis 60 pesewas and 7 cedis per medium size tin and medium size tuber respectively.
Maize and millet also gained by a percentage point.
On the various markets, however a medium size tomato tin full gained 17 percent in Bawku to close the week at 5 cedis 60 pesewas.
The commodity however made some loss in Accra, Kumasi and Techiman.
In Accra, it lost 13 percent to close the week at 13 cedis 30 pesewas with Kumasi also losing 12 percent to close the week at 18 cedis 50 pesewas and with Tamale by 7 percent to close the week at 6 cedis.
By: Pius Amihere Eduku/citibusinessnews.com/Ghana
Credit: Esoko Ghana Commodity Index