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PROSHARE | |
PROSHARE |
Tuesday, March 17, 2020 / 05:15 PM / Kainosedge Consulting for AFEX Commodities
Exchange
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.
Ginger Price fell by 0.08%
closing at N492,212.91 per metric Tonne while Cocoa remained stable in the
review week.
Maximum price for Maize, Sorghum were discovered in Dawanau Market, Kano
State; while the maximum price of Soy was found in Potiskum Grains market, Yobe
State. Minimum price for Maize and Soy were discovered in Anchau and Pambegua
Market, Kaduna State respectively while for Sorghum was recorded in Potiskum
Grains Market, Yobe State, Maximum and minimum price for paddy rice was
recorded in Wannune Market; Benue state and Garbachede Market; Taraba State respectively.
In the open market, Maize, Soybeans and Paddy rice declined in price
while Sorghum, Ginger, and Cocoa maintained their previous price levels.
1. Ginger
Prices Surge Higher - AFEX Commodities Weekly Report 210220
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