Economic
Crop Prices Decline Due to Liquidity Shortages
Sudan Events – Reporting
The Auction Director at the Al-Nuhud Crop Market Exchange, Radhi Ali Baraka, reported a decline in the prices of certain crops compared to the start of the week, attributing the drop to liquidity shortages and other factors.
Baraka stated that the price of a ton of shelled peanuts ranged between SDG 780,000 and SDG 820,000 in cash, while through bank transfers, the price ranged between SDG 880,000 and SDG 900,000.
He added that a quintal of raw peanuts was priced between SDG 25,000 and SDG 26,000 in cash, and SDG 27,000 via bank transfers.
As for gum Arabic, its quintal ranged between SDG 180,000 and SDG 190,000 in cash, and SDG 210,000 to SDG 215,000 via bank transfers.
For hibiscus, the price of a quintal ranged between SDG 35,000 and SDG 40,000.
Sesame saw a price drop, with a quintal priced at SDG 60,000 in cash and SDG 65,000 via bank transfers.
