Grains make highest gain

Some local grains made some significant price gains, with maize leading the pack. The commodity gained by one per cent to close the second week of March at GH¢4.90 per “olonka.”

Millet followed with a four per cent gain to close the week at GH¢5.30 per “olonka.”

Cowpea and Soyabean equally increased by two per cent each, closing the week at GH¢8 and GHc6.20 per “olonka” respectively.

Cassava (Gari) also gained nine per cent to close the week at GH¢ 5 per “olonka.”

Price declines

Price of tomatoes dropped significantly by 13 per cent and was being sold in the market at an average price of GH¢6.70 per “medium size tomato tin.”

The drop in tomato prices was followed by Cassava (fresh tubers) and Groundnut with five per cent drop each.

Both closed the week at GH¢6.30 and GH¢12.50 per “3-4 tubers” and ’olonka” respectively.

Yam (Pona) also followed with a two per cent drop to close the week at GH¢4.90 per “medium size tuber/”

Local rice also dropped by a percentage point to close the week at GH¢7.90 per “olonka.

Market variations

On the various markets, the price for an “olonka” of maize gained 14 per cent at Techiman to close the week at GH¢4 and dropped by 10 per cent in Accra to close the week at GH¢4.50.

It further dropped by four per cent in Kumasi to close the week at GH¢5, while in the other markets, the price remained the same.

A “medium size tomato tin” full of fresh tomatoes lost 30 per cent at Techiman to close the week at GH¢7 with Tamale losing 24 per cent to close at GH¢5.20 and also with Dambai losing 19 per cent to close the week at GH¢3.40.

Accra and Kumasi also lost nine per cent each to close the week at GH¢10.00 and GH¢7.30 respectively. In the other markets, the price remained the same.