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Monday, March 30, 2020 / 04:30 PM / Kainosedge Consulting for
AFEX Commodities Exchange
In the review week, the
benchmark AFEX Commodities Index (ACI) rallied by 1.80% WtD to close at
161.65 points, indicating an increase in the overall market performance.
Soybean led the pack as it
rose by 4.6% due to a resurgence in the volume of demand witnessed on the
exchange while Paddy Rice remained neutral.
In the Export crops category,
Ginger had a positive performance as it gained in price by 0.70% while Cocoa
remained same in the week under review.
Maximum price for Maize, Soybean,
and Sorghum were discovered in Dawanau Market; Kano State, while Paddy Rice was
in Wannune Market; Benue State
Minimum price for Maize and
Soybean were both discovered in Anchau Market, and Pambegua Market; Kaduna
State while Sorghum was recorded in Tundun Saibu Market; Kaduna State
Maximum and Minimum price for
Paddy Rice was recorded in Kura Market; Kano State and Garbachede Market;
Taraba State respectively.
The open market experienced a general decline in the overall market
performance this week. Paddy Rice experienced the greatest fall as it declined
by 1.15% in the week under review.
Related News
1.
ACI Surges By 5.06% -
AFEX Commodities Weekly Report 060320
2.
Cocoa Prices Gained;
Driven By Shortage in Supply
3.
Grain Prices Are
Expected to Remain Low as Chinese Demand Slow
4. Open Market Prices
Take a bullish Turn - AFEX Commodities Weekly Report 210220
5. Brent Likely to Trade
Around $59-$61pb in the Coming Days
6. Falling Demand for
Wheat and Corn to Taper Prices in the Coming Days
7. Commodities Markets
Take Bearish Turn As Traders Contemplate Coronavirus
8. Export Crops
Maintaining Gains in Price - AFEX Commodities Weekly Report 140220
9. Cocoa Prices Up As
Adverse Weather Conditions Limit Global Output
10. Export Crops face
Bullish Trend- AFEX Commodities Weekly Report 060220
11. Declining Demand for
Grains to Depress Prices in the Near Term