ACI Surges By 5.06% - AFEX Commodities Weekly Report 060320

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.


Proshare Nigeria Pvt. Ltd. 

 

In the open market, Maize, Soybeans and Paddy rice declined in price while Sorghum, Ginger, and Cocoa maintained their previous price levels.

 Proshare Nigeria Pvt. Ltd.

 

 Proshare Nigeria Pvt. Ltd.


Related News

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


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP