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Commodity Watch

Dry Maize Retailing Cheapest in Kitale

BY Soko Directory Team · July 4, 2016 01:07 pm

Commodity prices in different markets have been unstable with prices changing day in day out. On cereals, dry maize was fairly stable as the prices tended to be on close ranges. The maximum market price for a 90kg bag was Sh 3,200 in Kisumu while the minimum was Sh 2,450 in Kitale.

A 115kg bag of Green maize on the other hand retailed at Sh.5,600 in Mombasa while the same quantity retailed at Sh.1,400 in Eldoret. Finger millet lovers can get a 90kg bag at Sh.7,200 in Kisumu and Eldoret, which was the highest market price, while the same is being retailed at Sh.5,000 in Nakuru and Kitale respectively.

Here is a summary of other cereals in the market:

CommodityWeight(Kg)NairobiMombasaKisumuNakuruEldoretKitaleMaxMin
Dry Maize9025002700320027002600245032002450
Green Maize11522005600180018001400200056001440
Finger Millet9070006300720050007200500072005000
Sorghum9035002700320027004950360049502700

 

On the other hand, legumes seem to be abit higher in price as compared to cereals. The highest market price for a 90kg of Canadian beans was Sh.8,000 in Kisumu while the same retailed at Sh.4,500 in Kitale. Due to the high prices of njahi, we can conclude that the commodity is abit scarce in the market. This is because a 90kg bag was being sold at Sh.13,950 in Mombasa while the same went at Sh.8,100 in Eldoret.

The table below summarizes the market prices for different commodities in different towns:

CommodityWeight(Kg)NairobiMombasaKisumuNakuruEldoretKitaleMaxMin
Canadian Beans90600080005000450080004500
Rosecoco Beans9062006200720050008100450081004500
Mwitemania Beans90590053004500108004000108004000
Njahi90135001395010300810010800139508100
Green Grams901100094501000099001350010800135009450
Cow Peas9075004050760072005400800080004050
Fresh Peas5128004000250040801530250040801530
Groundnuts1101320014300100001210011700137501430010000

 

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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