You are here: HomeNews2016 04 01Article 427475

Business News of Friday, 1 April 2016

Source: Esoko Ghana

Price of maize goes up, tomatoes drop

File photo: A farmer drying her maize File photo: A farmer drying her maize

Ghanaians should expect to pay more for maize and products made from the commodity since its price in the market has gone up. They price of maize went up by 5% in the last week of March and is now selling at an average price of GHc5.40 per “olonka.”

Checks by Esoko Ghana have shown that prices of groundnut and soyabean also went up by 2% each. Cassava (fresh) and Yam (pona) also gained by a percentage point each.

Both closed the week at GHc 6.70 and 5.40 per “3-4 tubers and ‘medium size tuber” respectively.

According to Esoko Ghana, the price of tomato however decreased by 4% to close the week at an average price of GHc6.7 per “medium size tomato tin,” with cowpea also dropping by a percentage point to close the week at GHc 8.10.

On the various markets, the price for an “olonka” of maize gained by 8 percent in Accra to close the week at GHc 4.90 and 13 percent in Takoradi to close the week at GHc 12.00 and dropped by 2% in Dambai to close the week at GHc 5.00, while in the other markets, the price remained the same.

A “medium size tomato tin” full of fresh tomatoes lost 8 percent in Kumasi to close the week at GHc 7.50 with Techiman losing 12 percent to close the week at GHc 7.00 and also with Takoradi losing 3 percent to close the week at GHc 12.00.

Check on photos for details