Monday, September 20, 2021 / 01:10 PM / Kainosedge
Consulting for AFEX Commodities Exchange
It was a red week for all grain commodities both on the Exchange and in the Open Market.
Maize reversed gains while others halted their muted performance as prices dipped week on week. However, we saw a scarcity-induced surge in Soybean during the period under review.
The ACI and AEI remained flat as 2020/2021 trading season ends. However, the ACI outperformed the S&P GSCI Agriculture Index season till date as we see the AEI closing up its spread with the later.