Average Prices of Commodities

Detailed analysis and insights
Commodity Name Average Price (NLe) Unit Price Change Graph/Chart
Rice 1,350 50kg +50% (last month) View Trend
Palm Oil 320 25 liters -10% (last month) View Trend
Maize 500 1 bag +30% (last month) View Trend

Detailed Price Analysis

Rice

Overview: Rice is a staple food for many households. Its prices can fluctuate based on supply and demand.

Factors: Weather conditions, import policies, and local production levels.

Palm Oil

Overview: Palm oil is widely used in cooking and food products. Prices may vary with global oil prices.

Factors: Demand in the food industry, export markets, and production rates.

Maize

Overview: Maize is crucial for animal feed and human consumption. Prices can be affected by harvest yields.

Factors: Seasonal yields, pests, and market demand.

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