The AFEX Commodities Index composite experienced a reversal of last weeks' contraction in market activity, averaging 251.06 points in the week under review. The index performance gained by 0.67% w-on-w primarily due to the positive market performance in the maize sub-index of the exchange against the previous week performance.

The Federal Government has launched the Agriculture for Food and Jobs Plan (AFJP) at an event attended by various stakeholders on the 23rd of July 2020 in Funtua, Katsina State.

The AFEX Commodities Index composite experienced a marginal uptick in market activity, averaging 249.40 points in the week under review. The index performance appreciated by 2.19% W-on-W primarily due to the positive market performance in the soybean and paddy rice sub-index of the Exchange against previous weeks' performance.

The AFEX Commodities Index composite experienced a marginal decline in market activity, averaging 244.05 points in the week under review. The index performance declined by 3.24% w-on-w primarily due to the negative market performance of the Soybean sub-index of the exchange against previous weeks performance.

The AFEX Commodities Index composite experienced a massive uptick to close at 246.46 points in the week under review. The index performance appreciated by 21.31% W-on-W due to the positive market performance of the Maize and Soybean sub-indices against previous week performance in the week under review.

The AFEX Commodities Index composite experienced a slight uptick to close at 203.17 points in the week under review. The index performance appreciated by 0.34% W-on-W due to the positive market performance of the Soybean sub-index as against previous week performance in the week under review.

The AFEX Commodities Index inched higher by 10.49% at the close of trading last week to settle at a season-high of 197.56 points. The rally in the index was stimulated as a result of increased demand for maize in the commodity markets as the price of maize rose by 19.91% to close at ₦122,631.45/MT in the week under review.

The AFEX Commodities (ACI) Index composite experienced a downtick as it closed at 178.80 points in the week under review. The index performance reduced by 6.78% WtD. The downward trend was stimulated by the decline in prices of the commodities covered by the index.

The AFEX Commodities Index inched higher by 6.05% at the close of trading last week to settle at a season-high of 186.65 points. The rally in the ACI came on the back of increased processor demand in the maize and paddy rice markets.

The AFEX Commodities Index composite closed 162.2 points with a 0.00% change from the previous week. The index performance remained stable across all commodities covered by the index in the week under review.

The AFEX Commodities Index composite closed at 161.65 points maintaining its price point for the last three weeks as activities have slowed down on the Exchange due to the lockdown directives by the Government.

Prices on the Exchange witnessed a lull as the AFEX Commodities Index (ACI) dropped by -0.39% over the period. The commodities covered by the Index remained neutral in the month under review. This was influenced partly by the lockdown measures, which were put in place by the Government to combat the COVID-19 pandemic near the end of March.

As the incidence of Covid-19 continues to climb commanding the focus of the world, a key fundamental remains essential to keep in sight in our daily tallying of the effects of the pandemic on individuals, households and the economy, which is the question of whether Nigeria can feed itself in the short to long term.

The AFEX Commodities Index composite closed at 161.65 points this week, maintaining its Price point from previous week.

AFEX Commodities Exchange and the domestic market experienced marked price volatility for Maize, Soybeans and Paddy rice in February. On the exchange, month-average executed prices were lower than the Market Survey Prices for Maize, Soybeans, and Paddy rice by 5.8%, 7.7%, and 3.5% respectively.

The AFEX Commodities Index closed at 151.75points this week, indicating an increase of 5.06% in the overall Market Performance. The maize sub-index experienced an uptick of 9.88% reversing its downward trend witnessed in previous weeks while Paddy rice and Soyabeans' price remained the same.

The AFEX Commodities Index ticked up by 0.06% to close at 163.05 points reversing the 2-week decline in overall Market Performance.

The AFEX Commodities Index composite averaged 162.58 points this week representing a decline in overall market performance of 5.02 percentage points, week-to-date (WtD).

The AFEX Commodities Index composite closed at 171.16points this week representing a down-tick in the overall market performance. The percentage point dropped by 2.86 week-to-date (WtD).

The AFEX Commodities Index ticked upwards by 1.59% at the end of the week as soybeans propped up the index to close at 174.39 points.