Noticeable movements in the prices of grains
| The price of paddy rice, sorghum, and cashew plunged on the Exchange last week by 2.47%, 0.18%, and 1.97% w-o-w respectively. However, maize, soybean, and cocoa recorded marginal increases of 1.14%, 2.32%, and 1.10% w-o-w respectively, while other commodities remained unchanged. In the open market, sorghum reached a new high of 2.97%, which remained unchanged in the international market. Cocoa decreased for the second consecutive week by 4.69% w-o-w due to an increased global supply. W-o-W, the AEI recorded an all-time high of 10.42%, outperforming the ACI index which recorded a 1.09% increase. |
| Read the Weekly Report |
Market Price Performance
- The Exchange price of cashew fell slightly, halting its two week surge.
- Sorghum rebounds in the open market reaching new all high.
- Increased global cocoa supply led to its decline for the second consecutive week in the international market.
Check out other relevant details on market performance by accessing the report here.
