Commodity Prices Close Mixed

Prices of most commodities are on the rise while others remain stable, the GNA survey in some major markets in Accra has shown. The survey in markets in Tamale and Accra on Friday revealed that most commodity prices were up because of the hike in transport fares. In trading, prices of most commodities in the Tamale Metropolis were unchanged, closing at the same level as last week. GNA monitors in the two main markets of Aboabo and Tamale Central said the price of three tubers of yam are unchanged at GH�14.00, the same as last week. However, consumers could get three small tubers at GH�10.00 while a tuber is still selling between GH�5.00 and GH�7.00 depending on size. On the other hand, prices of a bowl of groundnuts saw marginal increases, trading up from GH�7.50 to GH�8.50. There was a slight reduction in the price of beans, which traded down at GH�8.00 from GH�8.50 at the previous close last week. In markets in Accra, the price trend is not different from that in Tamale. While prices of some commodities are stable others experienced marginal price appreciation. GNA market watchers at the Mallam Atta market in Accra discovered that apart from the price of a bowl of maize, which is stable at GH₵4.50 same as last week, all other prices have changed. Traders say the recent increase in transport fares account for the slight increases in the price of most commodities. For instance, the price of a bowl of groundnut which traded for GH₵12 last week is up this week trading at GH₵14. Similarly, a bowl of beans also saw a price increase from GH₵7 to GH₵9. Also, a sack of onions which was sold at GH₵320 last week is now trading at GH₵350. The cost of a bowl of soya beans has increased to GH�7 from GH₵5 compared to last week while an olonka of millet which was sold at GH₵4 last week has increased to GH₵5 this week. The GNA noticed that a tuber of yam which cost GH₵ 5 is now selling at GH₵6. The story is not different in the Anyaa market, where prices of commodities like onion, maize, gari, beans, millet, yam and dry pepper all saw increases. For example, a bowl of maize, which was sold at GH₵4.00 pesewa last week, is now GH₵4.50. A bowl of beans (Niger variety) which sold at GH₵12.00 last week is this week selling at GH₵13.00 while the (Burkina variety) which was GH�6.00, is currently selling at GH₵7.00 this week. Similarly, a paint rubber of onion which last week sold at GH₵14.50 is this week trading at GH₵16.00 while that of a paint rubber of dry pepper went up to GH�15.00 compared to GH₵14.00 last week. However, prices of foodstuffs such as tomatoes, garden eggs, yam, plantain and fresh pepper remain stable this week. A bunch of plantain is still selling between GH₵20.00 and GH₵32.00 depending on the size A paint rubber of garden eggs which was sold at GH₵6.00 remains stable this week. A paint rubber of tomatoes was sold at GH₵9.00 last week, is still selling at the same amount this week. Last week a paint rubber of fresh pepper which was sold at GH₵9.00 and GH₵16.00 depending on the type, is still selling at the same price this week. Commodity prices in La also ticked compare to last week. Three fingers of plantain is going for GH�5.00 while the bunch is sold between GH�18.00, and GH�30.00 depending on the size. Tomato this week is selling between GH�12.00 and GH�35.00 depending on the size of the bucket while a paint bucket of onion is going between GH�55.00 and GH�60.00 depending on the size.