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Wholesale commodity prices ease in East Africa

Wholesale maize and bean prices have started to drop in Dar es Salaam as a result of the on going harvesting in most of the growing areas in Tanzania. Dar es Salaam Maize prices during June dropped by about 12% compared to January 2008.  According to the price statistics maintained by RATIN, Kampala wholesale prices have also started to fall beginning early July as early harvesting starts. Information reaching our office from Busia border indicates that maize supplies have increased to Busia despite the low demand from Kenya putting a downward pressure on maize prices. This is due to the fact that traders have suspended trade due to some uncertainties. Some of this maize would have otherwise been destined for Juba in Sudan. The wholesale maize and bean prices have declined at Busia in July compared to June. Wholesale maize prices declined to USD 308/MT from USD 400/MT while bean prices declined to USD 785 from USD846/MT during the same period.

In Kenya and Rwanda, there has been no relief on commodity prices, wholesale maize prices for example in Nairobi have continued to rise. The estimated rise in the maize wholesale prices in Nairobi compared to January is 80%. The current regional price for maize in Nairobi, Kampala, Dar es Salaam and Kigali are USD 327, 353, 241 and 378 /MT respectively.



Maize

Daily Wholesale Maize Prices
MarketUSD/MTDate
Dar es salaam2398 Aug 08
Kampala2578 Aug 08
Kigali3608 Aug 08
Nairobi3468 Aug 08

Beans

Daily Wholesale Beans Prices
MarketUSD/MTDate
Dar es salaam8118 Aug 08
Kampala7488 Aug 08
Kigali6218 Aug 08
Nairobi7598 Aug 08

Rice

Daily Wholesale Rice Prices
MarketUSD/MTDate
Dar es salaam7698 Aug 08
Kampala10478 Aug 08
Kigali12058 Aug 08

Maize

Weekly Wholesale Maize Prices
MarketUSD/MTWeek
Dar es salaam2383-9 Aug 08
Kampala2573-9 Aug 08
Kigali3603-9 Aug 08
Nairobi3293-9 Aug 08

Beans

Weekly Wholesale Beans Prices
MarketUSD/MTWeek
Dar es salaam8093-9 Aug 08
Kampala7483-9 Aug 08
Kigali6223-9 Aug 08
Nairobi7613-9 Aug 08

Rice

Weekly Wholesale Rice Prices
MarketUSD/MTWeek
Dar es salaam7663-9 Aug 08
Kampala10473-9 Aug 08
Kigali12173-9 Aug 08

Maize

Maize Import Parity Prices
Origin-DestinationUSD/MTDate
Busia -> Kisumu3428 Aug 08
Busia -> Nairobi3548 Aug 08
Durban -> Mombasa5288 Aug 08
Durban -> Nairobi5618 Aug 08
Kabale-UG -> Kigali2558 Aug 08

Beans

Beans Import Parity Prices
Origin-DestinationUSD/MTDate
Busia -> Kisumu8368 Aug 08
Busia -> Nairobi8488 Aug 08


View the Estimated Maize, Wheat & Rice Balance Sheet
Eastern Africa Food & Trade Bulletin
»May 2008 Eastern Africa food Trade bulletin
»March 2008 Eastern Africa Food Trade bulletin
Southern Africa Cross Border Bulletin
»April 2008 Southern Africa Food Trade bulletin
»February 2008 Southern Africa Food Trade bulletin

Crops Update
»Tanzania: bumper cereal production expected as harvesting starts
»Kenya: Long rains season is slowly picking up
Trade News
»Intra regional trade in cereals to flourish
»Speculation causing high maize prices in Kenya
Trade Positions
»Wholesale maize prices increase by over 40% in East Africa
»Uganda to be the main source of maize in East Africa

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