Falling Demand for Wheat and Corn to Taper Prices in the Coming Days

Proshare

Wednesday, February 19,  2020 /09:31 AM / By FDC / Header Image Credit: FDC Ltd 

 

Nigeria's headline inflation jumped to a 21-month high of 12.13% in January. Food inflation remained the major culprit, recording the highest rate of change amongst the sub-indices.

 

The rising inflation trend, elevated external imbalances and slow growth recovery informed IMF's decision to revise Nigeria's 2020 growth forecast downwards to 2% from 2.5%. The latest negative outlook on Nigeria's economy is proof that the country is in dire need of policy reforms to build its resilience against external shocks.

 

In the slides below, these issues and their impact were discussed by analysts at the FDC Think Tank on Channels TV Business Morning programme.  


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


Related News

  1. Commodities Markets Take Bearish Turn As Traders Contemplate Coronavirus
  2. Export Crops Maintaining Gains in Price - AFEX Commodities Weekly Report 140220
  3. Cocoa Prices Up As Adverse Weather Conditions Limit Global Output
  4. Export Crops face Bullish Trend- AFEX Commodities Weekly Report 060220
  5. Declining Demand for Grains to Depress Prices in the Near Term
  6. Global Commodity Markets Calm After a Very Choppy Day
  7. Commodities Prices Maintain Steady Sail - AFEX Commodities Weekly Report 230120
  8. Increase In Demand For Cocoa In Southeast Asia To Drive Prices Higher
  9. Diversification From Oil Will Be Enhanced By Investment Flows
  10. All Commodity Group Index Grew By 2.48% in Q3 2019
  11. Jump In Diesel Price Likely To Have Direct Impact On Domestic Commodity Prices
  12. New VAT Rate: Knock On Effect On Consumer Prices Likely To Drive Up Inflation
  13. Global Economic Slowdown Pressured Commodity Performance in 2019
  14. Ivory Coast and Ghana Join Forces to Form a Cocoa Cartel To Control Output and Price
  15. All Major Commodity Price Indexes Fell In Q3 2019 Led By Energy
  16. Uncertainty About Iran To Put Pressure On Grain Prices In Near Term
  17. Uncertainty On US-China Trade Deal To Drive Grain Prices In The Near Terms
  18. AFEX Commodities Exchange Secures Investment from Consonance Investment Managers
  19. Lower Exports From India To Drive Sugar Prices Up
  20. Domestic Price of Turkey Increased By 38% to N1,800 per kg

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
READ MORE:
Related News
SCROLL TO TOP