Local food item prices flat in August entry

Trade, Local Food

Prices of local food items were generally flat in the week opening August with key items like palm oil, tomatoes, flour, yam and sugar among others relaxed. Palm oil maintained its stance at N12, 500 per 25 litre, flour N11,000 per 50 kilogramme, rice N16,000 per 50 kilogramme, sugar N14, 900 per 50 kilogramme and […]

Sugar price decline to persist on growing global glut

Sugar

Decline in sugar prices will persist with sharp losses expected by year end as a larger than expected supply surplus weighs on the market, a news service survey has shown. Prices were seen recovering slightly from the three-year lows hit last Wednesday, but the market is still on course to post an overall steep decline […]