Grains Record 3-week Upward Trend on Demand Pressure - AFEX Commodities Weekly Report 070122

Proshare

Tuesday, January 11, 2022 / 11:50 AM / Kainosedge Consulting for AFEX Commodities Exchange/ Header Image Credit: AFEX 


Proshare Nigeria Pvt. Ltd.


It was a "green" week for grain commodities as demand pressures witnessed prices maintain a 3-week upward trend in the open market. Similar performance was seen on the Exchange with paddy rice topping the gainer's chart, returning 20.61% to investors on a w/w basis.

Market players anticipate a persistent pressure on grain price in the coming weeks as harvest season concludes.

The ACI outperformed the S&P GCSI Agriculture and AEI on a Season-to-Date basis, recording a 5.91% performance against 4.08% and 1.77% performance respectively. 


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd. 

 

Related News

  1. Xplore 2021 With Us - AFEX Commodities Weekly Report 241221
  2. Maize on the Rise as Demand Surge - AFEX Commodities Weekly Report 171221
  3. Consistent Pressure on Grain Prices Ahead Xmas- AFEX Commodities Weekly Report 101221
  4. World Food Prices Climb - AFEX Commodities Weekly Report 261121
  5. Mixed Performance Across Commodities - AFEX Commodities Weekly Report 261121
  6. Mixed Performance Across Commodities - AFEX Commodities Weekly Report 191121
  7. Notable Movements in the Prices of Grains Amid Harvest - AFEX Commodities Weekly Report 121121
  8. AFEX Releases 2021 Crop Production Survey and Forecast Report
  9. Notable Performances of Grains Amid Harvest - AFEX Commodities Weekly Report 051121
  10. Mixed Performances Across Commodities - AFEX Commodities Weekly Report 011121

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