LAGOS – Prices of some agricultural commodities like imported rice and soya beans have risen at the Mile 12 market in Lagos for the week ended Nov. 14.
This is contained in the commodity index made available to the News Agency of Nigeria (NAN) in Lagos by Novus Agro Nigeria Ltd on Saturday.
The index showed that a 50 kilogramme bag of imported rice which sold for N9,714 during the week, was sold at N9,197 in the previous week.
The cost of a 100kg bag of soya beans slightly increased by N83, as it sold for N13,417 in the preceeding week.
Meanwhile, a paint bucket measurement which cost N500 in the previous week, sold for N543 in the week under review.
Other commodities like beans, popularly called `Olotu’, groundnut, maize and others, however, remained stable.
A 100kg bag of beans which sold for N26,000 last week remained stable, while the price of a 100kg bag of groundnut also remained at N17,000.
Also, a 100kg bag of white maize remained at N5,000 but the paint bucket measurement of the commodity recorded a N21 increase from N250 in the previous week, to N271 in the week under review.
The price of onions also remained stable, selling at N15,000 per bag, while a 2kg measure of the commodity costs N500.
Also, a 100kg bag and a paint bucket measurement of sorghum remained the same at N7,000 and N450 respectively.
The price of 25 litres of palm oil remained the same at N6,500 while a bottle costs N200.
Recording a slight decrease, however, was a 60kg bag of white garri, which presently sells for N5,500 down from N5,583 in the previous week. (NAN)
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