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Commodity Watch

Commodity Markets Face an Increase on Prices Between January and April

BY Soko Directory Team · April 18, 2017 11:04 am

A very big change has been experienced in the country as far as the commodity market is concerned from the start of the year up to now. The past three months have seen fluctuations in the market prices of commonly consumed commodities by households.

A 90-kilogram bag of dry maize is currently retailing at 4,800 shillings in Kisumu, which is the highest market price as compared to other towns, with Nakuru and Eldoret having the lowest price for the same quantity at 3,600 shillings respectively.

Green grams, on the other hand, is being sold as follows for a 90-kilogram bag: 13,500 shillings in Eldoret, 11,700 shillings in Meru, 10,000 shillings in Kisumu, 8,500 shillings in Nairobi, 8,100 shillings in Mombasa and 7,200 shillings in Nakuru.

The table below gives a summary of the market prices for different commodities in selected towns in the month of April:

commodity 1

The same commodities summarized in the table above had a slight difference in price in the Month of January. A 90-kilogram bag of dry maize was being sold with a high market price of 3,600 shillings and the lowest was 2,500 shillings. When the two prices are compared, Highest market price between January and April, it can be seen that there is an increase of 1,200 shillings from 3,600 to 4,800 shillings.

A summary of commodity prices in the month of January:

COMMODITY 2

Tomatoes, cabbages, and onions to have shown an increase in the market price in the Month of April as compared to the prices for the same in January.

A 64-kilogram bag of tomatoes is currently trading at 7,000 shillings in Eldoret while the same had a market price of 5,600 shilling’s in January. Here, there is an increase of 1,400 shillings within three and half months.

A 126-kilogram bag of cabbages has the highest market price of 3,400 shillings whereas the same was being sold at a high of 1,600 shillings. Almost all commodities in the market have increased in prices since January to now and here is a summer of the same as shown in the tables below:

Commodity market prices in April:

COMMODITY 3

Commodity Market Prices in the Month of January:

COMMODITY 4

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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