Business News of Wednesday, 31 May 2017

Source: GNA

Prices of foodstuff experience slight changes in Wa central market

Gari is currently at GH?6.00 and sugar is priced at GH?13.00 a bowl. Gari is currently at GH?6.00 and sugar is priced at GH?13.00 a bowl.

Prices of foodstuffs at the Wa Central Market are relatively stable with staples like maize, millet and sorghum beans experiencing slight changes.

For instance a bowl of maize which was sold at GH?3.00 in April has reduced to GH?2.80 and millet increased from GH?3.50 to GH?4.50 in May.

A Ghana News Agency survey at the Wa Central Market on the prices of some foodstuffs and commodities, showed that prices of yam varies from GH?5.00, GH?8.00 and GH?10.00 according to sizes and remained the same within the period.

Polished rice which was sold at GH?10.00 per bowl last month is now selling at GH?12.00, while the price of a bowl of local rice still remained GHC 8.

Local white beans is sold for GH?8.00 a bowl, Bambara beans- GH?9 groundnuts- GH?6.00 and cowpea is sold at GH?15.00.

The price of 50 kg of polished rice stood at GH?180.00 but reduced to GH?175.00 in May while 25kg of the same product which was sold for GH?90.00 also reduced to GHC 88 respectively.

Prices of sugar also dropped as a maxi bag of brown sugar which was sold at GH?210.00 last month reduced to GH?198.00 and white sugar is sold at GH?200.00 as against GH?220.00 last month.

A maxi bag of local beans is sold at GH?480.00 and cowpea - GH?1050.00; millet also experienced a stable price of GH?200.00.

A maxi bag of groundnuts is being sold at GH?360.00; gari - GH?300.00 for grade A and GH?250.00 for substandard ones.

Similarly a bag of Bambara beans is selling at GHC 480 per maxi bag and maize has reduced from GH?150.00 to GH?140.00.

Gari is currently at GH?6.00 and sugar is priced at GH?13.00 a bowl.

With the recent rainfall in the region, vegetable production has increased and prices are relatively low.

Cabbage prices range between GH?1.00 and GH?2.00; lettuce cost GH?2.00 per branch, carrot priced GH?5.00 for three pieces, tomatoes cost GH?15.00 per bowl and dry pepper is selling at GH?9.00 per bowl.

Five pieces of okro is sold at GHC?2.00, a bowl of ginger costs GHC?20.00.

At the livestock market, guinea fowls and other poultry prices varied from GH?25.00, GH? 27.00 and GH?30.00 and above while the price of a sheep stood at GH?150.00.

Generally prices of animals increase during festivities like Christmas, Easter and the two Eids celebrations where demand is always high.