Price of Grains Remain Unchanged Amid Early Harvest - AFEX Commodities Weekly Report 221021

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Monday, October 25, 2021 / 04:12 PM / Kainosedge Consulting for AFEX Commodities Exchange


It was a rather quiet on the Exchange last week. Prices of all commodities remained the same except Sorghum and cocoa.  As a result of the price movement in the open market, there was also a reflective decline in the price of Paddy Rice.


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Also, the demand for Sesame pressured the price of Sesame in the open market. However, supply is limited amid inadequate production. Farmers are optimistic compared to last year and are positioned to take advantage of the market.

 

The AEI and ACI remain flat to reset upon 2021/2022 trading season.


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