Commodities experienced varied results during the previous trading week. Maize prices fell 18.26%, while Paddy rice prices rose by 2.76%. Prices for sorghum and wheat remained constant.
A broad trend of rising commodity prices was noted on the open market. Ginger was an outstanding performer in this area, increasing in value by an amazing 4.41% during the same week.
Sesame and sorghum prices fell by 9.93% and 4.35% globally, respectively. It is worth noting that Ginger defied the trend and increased its global market value by 8.59%. These changes in commodity performance provide vital insights into the market’s ever-changing dynamics.
Commodities Market Price Development
Maize fell 18.26% during the trade week, while paddy rice rose 2.76%. Sorghum and wheat remained at their previous levels with no change in w-o-w.
The last week saw an increase in commodities prices in the open market, with Ginger being the main winner, with a phenomenal 4.41% gain week on week.
During the same time period, the global market saw a decrease in prices for various commodities, with sesame falling by 9.93% and sorghum falling by 4.35%. Ginger, in particular, climbed by 8.59%.
Access the report here to get more information on market performance.