Economic

Decline in Crop Prices

The auction manager at Al-Nuhud Crops Exchange, Radi Ali Baraka, announced a decline in the price of a quintal of peanuts during Thursday’s trading. The cash price dropped from 37,000 SDG to 36,000 SDG, while the price through electronic payment fell from 40,000 SDG to 38,000 SDG, compared to 38,000 SDG in Wednesday’s trading.

He added that the price of a ton of shelled peanuts remained stable at 1,100,000 SDG in cash, while it saw a slight decline in electronic payments, dropping from 1,200,000 SDG to 1,180,000 SDG.

Regarding gum arabic, the price of a quintal remained stable at 190,000 SDG in cash and 215,000 SDG through electronic payment.

Baraka noted that the price of a quintal of sesame maintained its stability at 45,000 SDG in cash and 55,000 SDG via electronic payment.

As for hibiscus, its price remained stable at 45,000 SDG in cash and 55,000 SDG electronically.

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