Figure 1 East Africa Regional Grain Trade Flow for the Week Ending 24 August 2018
The Week’s Market Analysis
- The price of rice in Nairobi dropped by Ksh10(0.09)$/kg to Ksh141($1.40)/kg during the week ending 24 August 2018.
- There was a huge reduction of beans export from Uganda to Kenya (478MT) in the week ending 24 August 2018, mainly as a result of reduction of beans supply in the Ugandan markets, causing an upward trend on the beans prices in various markets.
- DRC continued exporting a lot of maize bran (2,600MT) to Rwanda.
The Week’s Market Prices for Select Markets
Table 1- Market Prices for Select Markets in the East Africa Region for the Week Ending 24 August 2018, US$1=Ksh100.70
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, Knoema, 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