Market watch

The markets have expirenced minor changes since last week as supply for maize grain and majority of other commodities have been good.
Maize grain price is stable between ugshs 250 to 255 per kilo from grain stockists.The grain is selling in all the markets between ugshs 500 to 600 per kilo for the high quality type.

There is also a good supply of other commodities such as Irish,cassava and matooke.Plenty of irishpotatoes are coming in from Kabale,Ssingo and Kisoro districts.
A sack which weighs about 120kg of the Ssingo crop is selling at 50,000Ugshs while Kabale is at 63,000Ugshs.

Plenty of yellow beans in the markets from Tanzania and Kasese costing ushs 800 offlorry per kilo.
Large beans( K132 ) stocks have reduced but there is an anticipation that price will drop due to the appearance of fresh beans in the market.
Retail price is between ushs 1300-1500 per kilo depending on the quality.
Medium beans are a favourite export to the Southern Sudan and World Health Organisation.

There is a reduction supply of groundnuts compared to last week. A sack was offloaded for ushs 140,000 and 150,000 from Hoima and Arua respectively at Owino market.

Other commodities that had good supply included sorghum and cassava and traders expect prices to go down further because of the harvesting season in growing areas.

Matooke is also in plenty and the trend is to remain for sometime because of the regular supply from Mbarara as fuel prices continue to stabilise although the trend can change if fuel prices shoot up like in the past weeks where trucks failed to deliver on time causing scarcity.

Traders anticipate the decrease in demand for most commodities and an incresae in demand for maize,beans and rice as the new school term begins.