The Exchange’s performance in the most recent trading week was inconsistent. The lagging chart was led by Paddy Rice, which saw a slight fall of 0.40% w-o-w.
In the meantime, most commodities saw price increases on the open market. Sesame was the biggest gainer, increasing by a significant 3.34% week-over-week. Due to a lack of demand, soybean prices have been trending downward. This pattern is probably going to hold this week.
While the AFEX Export Index (AEI) fell by 0.01% w-o-w, the AFEX Commodity Index (ACI) increased by 0.03%. The weekly closing index points for the ACI and AEI were 489.46 and 228.55, respectively.
- Market Price Dynamics
- Performance on the Exchange was uneven. Paddy Rice was the most lagging stock, falling by 0.40% w-o-w.
- Most commodities on the open market saw a boost in price today. Sesame was the highest gainer, up by 3.34% week over week.
- Most commodities experienced a price drop on the global market this week. Ginger was the worst performer, falling by 3.19% week over week.
- Access the study here to view further pertinent information on market performance.