Tomato Price Inches Up, Others Fairly Stable

Tomato Seller PixAt the back of slight increases in the price of tomatoes in most markets, the EGCI-W and EGCI-R indexes inched up in the week ending July 25.

The wholesale index closed the week at 24334 points, from the previous week’s closing of 23575, while the retail index closed at 27538 points, from the previous 27230.

Generally, most commodity prices in most markets were stable. The week before, prices had gone up at the back of the transportation fare increases.

The GNA Market Watch team observed that in Tamale and also in Accra last Friday, the price change was mixed.

In the Tamale Metropolis, prices of some commodities remained unchanged, while others fell from previous week’s (July 18) closing price.

For example, the price of yam in the Tamale Metropolis fell marginally while that of groundnuts increased in the two main markets of Aboabo and Tamale Central. A bowl of groundnuts rose for the second week running, to GH¢9.00, from the GH¢8.50 the previous week.

Market Watch observed that the price of three medium-size yams, which sold for GH¢14.00 at the previous close, was down to GH¢10.00 last Friday. Traders attributed the fall to the commencement of the harvest.

The price of a bowl of beans was also lower, closing at GH¢7.00, from GH¢8.00 the week before. The price of onion saw a sharp decline, to GH¢15.00 from GH¢24.00 the previous close, while pepper also fell to GH¢6.00, from GH¢8.00.

In markets in Accra, the price trend was no different.   While prices of some commodities were stable, others experienced marginal appreciation.

Market Watch observed that a bowl of maize, which was sold at GH¢4.50 the week before, did not change while a bowl of groundnuts was trading at GH¢14.00, same as the previous week. A bowl of beans was unchanged, at GH¢9.00, and a sack of onions, stable at GH¢350.

At the Tema Station market in Accra, prices of foodstuffs remained the same, as that of the week before.

The survey revealed that a bowl of beans, for instance the Niger variety, sold at GH¢12.00, the same as the previous week, while the Burkina variety also maintained its price at GH¢7.00. Also, a bowl of tomatoes (Burkina variety) still stood at GH¢22.00.

One paint container of garden eggs sold for GH¢8.00, while green pepper sold for GH¢3.00, and a bowl of soya beans, GH¢9.00, paint container of red dried pepper was sold at GH¢ 15.00. A bowl of onion was sold at GH¢10.00, while three tubers of yam went for GH¢12.00.

At the Anyaa market, prices of tomatoes, onion, maize, beans, millet, gari, beans and dry pepper, as well as fresh pepper were stable.

A price of a bowl of maize, which was GH¢4.50 last week, was still trading at the same price, while a bowl of beans maintained its price at GH¢13.00 (Niger variety) and the (Burkina variety) at GH¢7.00.

A paint container of onion which the week before sold for GH¢16.00 was trading at the same price, while a paint container container of tomatoes traded at GH¢9.00, same as the previous week. Also, a paint rubber of fresh pepper, which was sold for between GH¢ 9.00 and GH¢16.00, traded at the same price. —GNA

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