April Commodity Outlook

Increasing commodity prices were registered during the month of April. Stockists held on to their stocks as they speculated for the highest margin from the 2nd seasonal harvest that came late in January/February. More bulking of grains and pulses was recorded, especially in the northern region, however, it was reduced by unusual transit buyers from Rwanda who ventured into the region in search for maize grain at the onset of the year. The main maize market in Kampala recorded in the opening week at Ugx.1,380/kg in Kisenyi /Kafumbe Mukasa Road Market. It gradually increased in the weeks that followed to Ugx.1,550/kg…

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