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Business News of Thursday, 1 June 2017

Source: GNA

Prices of fruits fall in Sunyani

Bumper harvest in the area led to the fall in prices of fruits. Bumper harvest in the area led to the fall in prices of fruits.

Prices of fruits have fallen in the Sunyani Municipality, the Ghana News Agency market survey has observed.

Traders at the Nana Bosoma Central market told the Ghana News Agency Market Survey team that the sharp down turn in the prices were due to the bumper harvest being experienced.

They, however, appealed to government to find alternative methods for the storage of the fruits, as huge quantities of the produce get wasted in every crop season.

The traders said the market price of a size of watermelon which used to sell between GHC10.00 and GHC15.00 has dropped to GHC5.00 and GHC1.00.

Madam Naomi Sarpong, one of the traders, said despite the reduction in prices of watermelon, sales were still poor.

The market price of five balls of oranges and tangerines has also dropped from GHC5.00 to GHC1.00.

The price of mangoes, according to Miss Linda Kyere, another trader, saw a significant reduction in the bumper season, but jumped gradually as the demand for the fruit became high.

Initially a bucket of mangoes was selling at GHC1.00 but the current price of five balls of mangoes is being sold at GHC5.00.

Ms Kyere expressed optimism that government’s proposed one-district-one-factory project would help address the recurrence in post-harvest losses of fruits and other crops.

She appealed to her colleagues to come together and form an association so that they could easily get both financial and technical support for their business.

Ms Kyere also expressed concern about poor security at the market.