Grains Dip Further Amid Early Harvest- AFEX Commodities Weekly Report 181021


Monday, October 18, 2021 / 05:45 PM / Kainosedge Consulting for AFEX Commodities Exchange

The Exchange witnessed low activities last week. In the open market, Soybean was down by 11% w-o-w followed by Paddy rice and Ginger with a respective share of 4.52 and 4.58 following early harvest for commodities.


In the international market, there was a recorded decline in the prices of Maize and Soybean by 2.80 and 2.96 w-o-w respectively. Farmers are optimistic compared to last year and are positioned to take advantage of the high price of commodities, given the high demand for Nigeria Cocoa, prices will be pressured upward.


The AEI and ACI remain flat to reset upon 2021/2022 trading season.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.


Related News


1.       Prolong Early Harvest Induced Price Decline in Grains - AFEX Commodities Weekly Report 111021

2.      Grain Dip Further Amid Increased Supply as Harvest Draws Near

3.   Grain Prices Resume Downward Trend Ahead of Harvest - AFEX Commodities Weekly Report 240921

4.      ComX Convenes Webinar to Promote Inclusion Of Women And Youths In Alternative Investment

5.      A Bearish Week For Grains - AFEX Commodities Weekly Report 170921

6.      Mixed Performances in the Agricultural Commodities Space

7.      Another Bearish Week for Agric Commodities Prices - AFEX Commodities Weekly Report 200821

8.     The ACI and AEI Closed Negative For the Week - AFEX Commodities Weekly Report 130821

9.      Ghana Panics after China Begins Exporting Cocoa Beans

10.  China's Cocoa Export - Paltry Yet Symbolic

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News