Ghanaians should expect to pay more for cassava because the price of the commodity has shot up by 10 percent.
The price of the commodity increased by 10 percent to close the week at GHc 7.10 per “3-4 tubers.” This was followed by yam (pona) which recorded 8 percent gain in price to close the week at GHc 6.10 per “medium size tuber.”
According to figures released by Esoko Ghana, tomato which made the highest gain in price last week, recorded the third highest gain this week and it is selling at GHc 7.60 per “medium size tomato tin.”
Cowpea also gained by 3 percent to closed the week at GHc 8.60 per “olonka .“ Cassava (Gari) gained by a percentage point to closed the week at GHc 5.00 per “olonka.” Meanwhile the prices of soyabean, groundnut, millet and maize dropped between 1 and 3 percent for the third week in April.
According to Esoko, they are now selling at GHc6.40; GHc13.70 and GHc5.40 respectively. On the various markets, a medium size tin of maize gained 2 percent in Kumasi to close the week at GHc5.50.
It however dropped by 13 percent in Techiman to close the week at GHc3.50. The price however remained the same on the other markets.
Tomato gained 25 percent in Techiman to close the week at GHc10. It also gained 7 percent in Takoradi to close the week at GHc15. In Tamale, the commodity gained 2 percent to close the week at GHc5.40. In the other markets, the price remained the same. Check below for details:
Credit: Esoko Ghana Commodity Index