Commodity Prices Extend Stability

Prices PixPrices of most commodities maintained their stability in the major marketing centres across the country on Friday, closing at last week’s prices, the Esoko-Ghana News Agency market survey has shown.

The survey carried out in major markets in Accra, Koforidua, Ho, Tamale showed that commodity prices remained unchanged, as at Friday.

At the Koforidua Central Market, prices of foodstuffs such as cassava, cocoyam, plantain, okro, tomatoes, yam,  palmnuts smoked fish, and tilapia were unchanged but onion had attracted a slight price increase.

For example a bunch of plantain was sold for GH¢15.00, the same as the previous week while a bowl of tomatoes was still GH¢5.00.
A tuber of yam, depending on the size, went for GH¢3.00 and GH¢5.00 while four pieces were sold for GH¢10.00.
At the Ho Central market, prices were relatively stable with a bowl of maize being sold at GH¢0.80 while a tuber of white yam went for GH¢1.30.

A heap of six cocoyams was GH¢2.00 and four fingers of plantain for GH¢2.50. An olonka of dry pepper was sold for GH¢13.00 while the fresh one went for GH¢10.00.

The story was no different at the two main markets in Tamale, where prices of some commodities remained stable in the week to Friday while others saw some slight increases.

The survey in the Tamale and the Aboabo markets showed that prices of Sorghum and soya bean had increased marginally while onion and yam had declined.

The price for Sorghum went up to GH¢ 3.00 compared with the GH¢ 2.50 the previous week while soya bean was up to GH¢ 2.50 from the GH¢ 2.00 the previous week.

On the other hand four tubers of yam which in the previous week sold for GH¢ 16.00 went for GH¢ 10.00 last week. Local rice also saw a decrease in price, selling for GH¢4.00, down from GH¢ 4.50.

At the Adabraka market, prices of commodities were relatively stable, despite the increases in fuel prices.
For example, a big paint bucket of tomatoes  sold between GH¢10 and GH¢20 while the small bucket went for GH¢7.00.

At the Tema Station the prices of commodities were stable. The traders said some food stuffs are in their season, so the continued supply to the market, and the stability in prices.

For example a bowl of onions had maintained its price of GH¢10.00, green pepper,  GH¢4.00 and red pepper, GH¢C5.00.
Three tubers of yam were sold at GH¢10.00 unchanged from the previous week, while three fingers of plantain went for GH¢ 2.00 and six fingers of ripe plantain GH¢ 4.00. There was a GH¢2.00 drop in the price of tomatoes, which was being sold for GH¢10.00.

Generally, the prices were stable across the market centres, and the traders attributed the situation to the commodities being in season, and continued supply, guaranteed. —GNA

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