Business and Economy

AFEX Commodities Weekly Report: COVID-19 Induced Lull Continues

The AFEX Commodities Index closed flat at the end of trading, settling at 161.67 points. This represents an extension in the lull induced by the outbreak of COVID-19 in the country which had an effect across all commodities traded on the Exchange.

Taking a look at the commodities traded on the exchange, export crops; Cocoa and Ginger remain the best-performing commodities on the exchange with Season Till Date (StD) performance of 11.21% and 16.18% respectively.

The open market prices also reflect a pull back from the price rally witnessed last week as household abides with the lockdown directives of the governments across the country.. 

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