30, 2020 / 1:30 PM / Kainosedge Consulting for AFEX Commodities Exchange / Header Image Credit: AFEX Commodities Exchange
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.
Soybean ticked up by 1.12%
to close the trading week at N131,000/MT while maize maintained its price level in the week under
Paddy Rice fell by 0.86% to close the trading week at N176,913/MT, and ginger experienced a massive gain of 63.39% to close the
trading week at N779,567/MT.
In the open market, maize,
sorghum, soybean & paddy rice experienced significant upticks in price in
the week under review.
The aggregate volume of
trades executed on the exchange in the week under review totaled 463.26MT with
paddy rice and ginger accounting for more than 99% of the total traded volume.
ACI Experiences an Uptick - AFEX Commodities Weekly Report
Global Output Of Grains Are Expected To Keep Prices Depressed
Witnesses a Downtick - AFEX Commodities Weekly Report 280520
of Market Activities Anticipated in the Coming Week
and Commodity Markets: Lessons from History
Demand From China To Support Grain Prices
Witnesses a Surge - AFEX Commodities Weekly Report 070520
Global Demand Is Expected To Taper Grain Prices
COVID-19 Induced Lockdown Triggers
Sustained Decline in Commodities Market Activities
Cut From Australia To Keep Wheat Prices Up
Demand For Corn-Based Ethanol To Keep Corn Prices Depressed
Lockdown Induces Slowdown in Commodities Market - AFEX Commodities Weekly
Experiences Increased Volatility and Decline in Prices - AFEX Monthly Report,