Tomato prices decline by 10% in July

The prices of tomato continue to drop on the various markets across the country.

According to Esoko Ghana Commodity Index, the price of the commodity recorded the highest drop, that is, 10 percent for the fourth week in July.

As a result, a medium size tin of tomato is now selling at 7 cedis 90 pesewas.

This was followed by cassava which recorded 2 percent drop in price to close the week at 6 cedis 90 pesewas for 3 to 4 tubers.

Also, the price of a medium size tin of maize dropped by one percent and it is now selling at 5 cedis 50 pesewas.

Meanwhile the price of a medium size tuber of yam went up by 5 percent and it is now selling at 8 cedis.

Soyabean and millet followed with 4 and 1 percent gain in prices.

A medium size tin is now selling at 6 cedis 20 pesewas and 5 cedis 60 pesewas per medium size tomato tin respectively.

Details of the prices of some selected commodities on some major markets across the country

Meanwhile across the various markets, Esoko reports that the price for a medium size tin of maize dropped by 5 percent in Kumasi to close the week at 6 cedis while in the other markets, the price remained the same.

In a related development, a medium size tomato tin full of fresh tomatoes lost 7 percent in Accra to close the week at 5 cedis 40 pesewas.

In Kumasi, the same quantity of the produce also dropped 19 percent to close at 8 cedis 40 pesewa.

In Takoradi, the commodity lost 20 percent to close the week at 16 cedis.

In the other markets, the price remained the same.
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By: Pius Amihere Eduku/citibusinessnews.com/Ghana
Credit: Esoko Ghana Commodity Index