Agro Business

Afex Commodities Index maintains market performance

The AFEX Commodities Index composite experienced no change in the week under review, as it closed at 249.47points. This is as a result of the scarcity of commodities in the market as the incoming harvest draws closer. Cocoa declined by 1.53% while Sorghum and Ginger remained unchanged for the week as against the previous week.

Truck Drivers are optimistic that the increase in the pump price of PMP would not affect the price of diesel in the market, since most trucks consume diesel instead of PMS, thus expecting a good movement of commodities come harvest .

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