Agro Business

Commodities Market Update

Most commodity price results during the most recent trading week were inconsistent wow. After falling last week, maize recovered and was up 10.37% week-over-week on the exchange.

Most commodities saw a boost in price on the open market. The highest gainer was maize, up 14.32% week over week. Additionally, because cashews are out of season and there is less demand, the price will likely drop through this week while cocoa prices are predicted to rise.

The AFEX Export Index (AEI) lost 0.01% while the AFEX Commodity Index (ACI) gained 2.13% week over week. At 502.18 index points and 228.68 index points, respectively, the ACI and AEI ended the week.

Market Price Dynamics
Most commodity price performances on the Exchange were uneven overall. After falling last week, maize recovered and was up 10.37% week-over-week on the exchange.
Most commodities on the open market saw a boost in price today. The highest gainer was maize, up 14.32% week over week.
Most commodities on the global market experienced price increases this week. The green chart was similarly led by maize, up 8.57% w-o-w.
Access the study here to view further pertinent information on market performance.

Leave a Reply