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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:

Commodity Weight(Kg) Nairobi Mombasa Kisumu Nakuru Eldoret Kitale Max Min
Dry Maize 90 2500 2700 3200 2700 2600 2450 3200 2450
Green Maize 115 2200 5600 1800 1800 1400 2000 5600 1440
Finger Millet 90 7000 6300 7200 5000 7200 5000 7200 5000
Sorghum 90 3500 2700 3200 2700 4950 3600 4950 2700

 

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:

Commodity Weight(Kg) Nairobi Mombasa Kisumu Nakuru Eldoret Kitale Max Min
Canadian Beans 90 6000 8000 5000 4500 8000 4500
Rosecoco Beans 90 6200 6200 7200 5000 8100 4500 8100 4500
Mwitemania Beans 90 5900 5300 4500 10800 4000 10800 4000
Njahi 90 13500 13950 10300 8100 10800 13950 8100
Green Grams 90 11000 9450 10000 9900 13500 10800 13500 9450
Cow Peas 90 7500 4050 7600 7200 5400 8000 8000 4050
Fresh Peas 51 2800 4000 2500 4080 1530 2500 4080 1530
Groundnuts 110 13200 14300 10000 12100 11700 13750 14300 10000

 

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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