Mixed Performances in the Agricultural Commodities Space


Monday, September 13, 2021 / 05:31 PM / Kainosedge Consulting for AFEX Commodities Exchange

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It was a muted performance for commodities listed on the Exchange, with the exceptions of Maize and Soybean.  While maize gained on the Exchange, we saw a reverse performance in the open market.

Also, while Soybean bled on the Exchange, a marginal gain of 0.09% was recorded in the open market.


The ACI and AEI remained flat, however, against a bearish performance in the S&P GSCI index and Nigerian ASI for the reporting week. 

Meanwhile, total trades closed on the Exchange declined for the second consecutive week by 26% with 1,946 contracts consummated in the review week.

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