Business News of 2014-03-02

Commodity prices in Accra markets exhibit mixed pattern

The prices of some foodstuffs at market centres in Accra recorded marginal increases on Friday compared to the previous week’s levels, while others remained unchanged, a GNA market survey has shown.

At the Nima market, for instance, one “olonka” of maize which sold at GH¢ 4.00 last week has gone up to GH¢ 4.50p, whereas an “olonka” of gari which also went for GH¢ 4.00 last week remained the same.

The survey also revealed an “olonka” of local rice which was sold at GH¢ 8.00 last week now sold GH¢ 9.00.

The price of wheat remained at last week’s price of GH¢ 9.00, just as an “olonka” of tomatoes which was sold at GH¢ 10.00 the previous week still remained the same.

An “olonka” of beans which went for GH¢ 6.00 last week sold at GH¢ 7.00 on Friday, whiles an "olonka" of pepper remained at GH¢ 7.00

A small gallon of both palm nut oil and vegetable cooking oil which was sold at GH¢ 6.00 last week has also increased to GH¢ 7.00 and GH¢ 6.50 respectively.

Commodities prices at the Adabraka market exhibited the same pattern. A bunch of plantain that sold at GH¢ 15.00 last week, went for GH¢ 17.00 on Friday.

Madam Jane Asare, a tomato seller at the market said the price of a bucket tomatoes had increased from GH¢ 12.00 to GH¢ 14.00 over the week.

A bucket of garden eggs and that of okro, however, remained at last week’s price of GH¢ 7.00.

A tuber of yam (“Puna”) that sold for GH¢ 6.00, GH¢ 4.00, GH¢ 3.00 and GH¢ 2.00 last week, depending on their sizes, had gone up to GH¢ 7.00, GH¢ 5.00, GH¢ 4.00, and GH¢ 3.00 correspondingly.

However, an olonka of groundnut and that of millet which went for GH¢ 10.00 and GH¢ 3 respectively the previous week, remained unchanged as at Friday.

Source: GNA
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