COMMODITY MARKET REPORT(14TH-21ST MARCH 2019)

LOCAL COMMODITY PRICE REPORT

BEANS

Table 1: Retail and wholesale prices of beans per kilogram

The above result indicate the wholesale and retail prices of beans per kilogram in the one week. It shows a rise in price of beans in Dawanau Market, kano state and a fall in price in Gboko Main Market, Benue state. It also indicates consistency in price in  Mile 12 Market, Lagos state and Umuahia Main Market, Abia state. However for retail prices,  it showed a rise in price in Dawanau Market, kano state as compared with previous prices while a fall in price in Gboko Main Market, Benue state and Umuahia Main Market, Abia state and a price consistency in Mile 12 Market, Lagos state.

Maximum wholesale market price was recorded in Mangu Market, plateau state (₦450) while minimum price was found in Minna Ultra-Modern Market, Niger state (₦165). Moreover, Maximum retail price was recorded in Gboko Main Market, Benue state (₦404) while minimum price was recorded in Gombe Main Market, Gombe state (₦139).

GARRI

Table 2: Retail and wholesale prices of garri per kilogram

Table 2 indicates wholesale and retail prices of Garri per kilogram . For wholesale prices the result shows consistency in the price of beans in Dawanau Market, kano state, Gboko Main Market, Benue state and Mile 12 Market, Lagos state as compared to previous week prices. Moreover, it also indicates a rise in price in Umuahia Main Market, Abia state. However for retail prices, result shows a consistency in price of beans in Dawanau Market, kano state, Mile 12 Market, Lagos state and Umuahia Main Market, Abia state while a rise in price in Gboko Main Market, Benue state.

Maximum wholesale market price was recorded in Mangu Market, Plateau state (₦250) while minimum price was found in Umuahia Main Market, Abia state (₦60). Moreover, Maximum retail price was recorded in Minna Ultra-Modern Market, Niger state (₦377) while minimum price was recorded in Gboko Main Market, Benue state (₦125).

MAIZE

Table 2: Retail and wholesale prices of maize per kilogram

The above result indicates wholesale and retail prices of maize per kilogram. the result indicates that for wholesale prices there was a rise in the price of maize in Dawanau Market, kano state as compared to previous market price while a consistency in price of maize in Gboko Main Market, Benue state, Mile 12 Market, Lagos state and Umuahia Main Market, Abia state. However for retail prices, result shows a rise in price in Dawanau Market, kano state while a consistency in price of maize in Gboko Main Market, Benue state, Mile 12 Market, Lagos state and Umuahia Main Market, Abia state.

Maximum wholesale market price was recorded in Nkwo Nnewi Market, Anambra state (₦160) while minimum price was found in Dawanau Market, kano state (₦60). Moreover, Maximum retail price was recorded in Nkwo Nnewi Market, Anambra state (₦160) while minimum price was recorded in Mangu Market, plateau state (₦89).

RICE

Table 4: Retail and wholesale prices of Rice per kilogram

The above result indicates wholesale and retail prices of rice per kilogram. As compared to previous week prices, the result shows fall in the wholesales price of rice in Dawanau Market, kano state while a consistency in price of maize in Gboko Main Market, Benue state, Mile 12 Market, Lagos state and Umuahia Main Market, Abia state. However, as compared to previous week for retail prices, result shows a fall in price in Dawanau Market, kano state while a consistency in price of maize in Gboko Main Market, Benue state, Mile 12 Market, Lagos state and Umuahia Main Market, Abia state.

Maximum wholesale market price was recorded in Umuahia Main Market, Abia state (₦360) while minimum price was found in Mile 12 Market, Lagos state (₦270). Moreover, Maximum retail price was recorded in Gboko Main Market, Benue state (₦480) while minimum price was recorded in Mile 12 Market, Lagos state (₦293).

TOMATO

Table 5: Retail and wholesale prices of tomato per kilogram

The above result indicates the wholesale and retail prices of tomato per kilogram. For wholesale prices as compared to previous week prices, result shows fall in the price of tomato in Gboko Main Market, Benue state and a rise in price in Mile 12 Market, Lagos state while a consistency in price of maize in Dawanau Market, kano state and Umuahia Main Market, Abia state. However, for retail prices, it shows consistency in price in Dawanau Market, kano state and Mile 12 Market, Lagos state while increase in price in Umuahia Main Market, Abia state.

Maximum wholesale market price was recorded in Igbudu Market, Delta state (₦388) while minimum price was found in Gombe Main Market, Gombe state (₦53). Moreover, Maximum retail price was recorded in Umuahia Main Market, Abia state (₦333) while minimum price was recorded in Minna Ultra-Modern Market, Niger state (₦115).

 

INTERNATIONAL COMMODITY PRICE REPORT

Sources:

https://tradingeconomics.com/

Novus Agro Nigeria

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