AFEX Commodities Index recorded a Positive Performance.
For the reporting week, the AFEX Commodities Index ACI increased by 3.62% continuing its 7-week Bullish trend since the start of 2021, while the AEI experienced a marginal decline of 0.002% as against the previous week.
Export commodities experienced a slow week, as cocoa remained the same as the previous week, while ginger declined by 0.01% and sesame increased by 0.60% W-o-W.
Sorghum on the exchange reached an all-time high at NGN19,195/contract while soybean experienced a price surge as it closed the week with a 13.31% increase compared to the previous week.
