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Price of imported rice declines - Ghana
Price of imported rice declines - Ghana

Price of imported rice declines - Ghana

INTERNATIONAL NEWS

GhanaWeb.com - Feb 22nd 2016, 09:39

For the third week of February, imported rice recorded the highest drop of twenty percent. 

A five-kilogram bag of imported rice is now selling at 21 cedis 90 pesewas.

This was followed by local rice, which lost five percent to close the week at 6 cedis 80 pesewas per medium size tin.

Groundnut and cowpea followed with four and a percentage drop in price respectively.

Meanwhile the prices of yam, maize, and gari made gains of between 3 and 7 percent.

Also, the price of tomato, which has been declining for the past three consecutive weeks, increased by one percent to close the week at 6 cedis 90 pesewas per medium size tin. Fresh tubers of cassava and soya beans recorded similar declines.

On the various markets, a medium size tomato tin full of fresh tomatoes lost 7 percent in Accra to close the week at 9 cedis 30 pesewas; it lost 4 percent in Techiman to close at 7 cedis.

However, the commodity gained 24 percent in Kumasi to close the week at 6 cedis 20 pesewas. It also gained 2 percent in Takoradi to close the week at 11 cedis. Nevertheless, the price remained the same in the other markets.

The price of a medium size tin of maize lost 3 percent in Kumasi to close the week at 5 cedis, but increased by 18 percent in Takoradi to close the week at 10 cedis and also gained by 17 percent in Bawku to close the week at 3 cedis 50 pesewas.From Copyright © 1994 - 2016 GhanaWeb. All rights reserved. 

Read more about: wheat | techiman | rice | maize | ghana

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