Figure 1 East Africa Regional Grain Trade Flow for the Week Ending 14 April 2018
The Week’s Market Analysis
- Tanzania maize exports to Kenya significantly increased to 562MT from 349MT the previous week.
- An unusual price increase of local rice in Tororo, Uganda, and Iringa, Tanzania during the week.
- The price of imported rice in Juba, South Sudan was Ksh82($0.81)/kg, in comparison to Mombasa, Kenya Ksh78($0.77)/kg. An interesting observations was the price of imported rice in Nairobi was Ksh68($0.67)/kg, which beats all logic that the imported rice must have incurred some transportation costs from Mombasa to Nairobi. So either the imported rice is coming to Nairobi through Northern Kenya at a much lower price, judging from the price in Juba, or there is imported rice dumping in the Nairobi market. Since we don’t have any information on informal rice trade in the Northern Kenya border we can safely conclude there is a lot of imported rice dumping in Nairobi.
- The week was a very slow one for DRC, the country’s reported exports were only Rice (6.96MT).
- There was a significant reduction of Rwanda exports (6.96MT) to DRC in comparison to 964.42MT the previous week.
The Week’s Market Prices for Select Markets
Table 1- Market Prices for Select Markets in the East Africa Region for the Week Ending 14th April 2018, US$1=Ksh101
The Week’s Market Opportunities
Betta Grains continues to receive various request to buy and sell commodities. Below is a table listing some of our clients request to find buyers and sellers. Kindly visit our eDuka page https://www.bettagrains.com/?page_id=1236 for a more up to date list.
Author; Fostina Mani, Betta Grains. Fostina.Mani@bettagrains.com, Twitter: @FostinaMani.
Acknowledgment: The data used for the analysis has been obtained from; IAM, Government of Kenya, Ministry of Agriculture, Livestock & Fisheries, Government of Tanzania, Ministry of Trade and Industry, EAGC, RATIN, Farm Gain Uganda, FEWS NET, & Betta Grains.
Disclaimer. Due to unavailable of data on various border points on formal cross-border trade flows and volumes in the public arena. The volumes indicated above are mostly from the informal cross-border data that is available to the public. The purpose of the analysis, is simply to provide an indication of the East Africa Regional Trade flow to SMEs, Smallholder Farmers, and Other Stakeholders in a manner and language that is applicable, simple, and makes sense. Those desiring to obtain actual trade volumes are advised to contact various internationally funded government projects that have been mandated to provide the regional trade data for public good.
©Betta Grains 2018