#BBMarketSurvey: Palm Oil, Yam Prices Become Unstable Across Boki Markets

The BBMarket survey found out that major food items across markets in Boki LGA has recorded slide changes in price this this week as compared to last week.

Prices of major Agriculture produce and household items such like palm oil and garri, except yams, plantain and several others have been quite unstable across major markets in Boki Local Government area of Cross River State, this is according to the latest BBMarket survey carried out by the Boki Blog Media Team on 27th August 2020.

The latest market survey conducted by the Boki Blog Team, revealed that Palm oil has been so decieving as it prices can no longer be predicted.

Key Highlights

The price of 25 litres gallon of locally made palm oil, which was sold for an average of N12,500 last month reduce to an average of N8,000 to N9,000.

Meanwhile, the team found out that the price of a maize reduced significantly by 50%. A cup of Bush Mango (ogbono) which was sold for an average of N500 per cup, now sells for N300.

A Basin of Garri which sold at an average Price of N10,000 last month, now sells at N8,000 today.

Yams turned out to be less expensive according to our team survey. Five tubers of yam could be bought for N2,500, fifty tubers at N35,000 and one hundred tubbers for N75,000. this is following the harvest for the Boki New Yam Festival of August 18th.

Other Agricultural produce like Plantain, Banana are becoming visible after months of scarcity.

A 25 litres gallon of locally made palm oil now sells for an average of N9,000. A 28% decrease compared to N12,500 recorded in the previous month.

Also, a 5 litres gallon of locally produced palm oil also increased by 58% to sell at an average of N3,000 compared to an initial average of N1,900.

About BBMarket Price Survey

The Boki Blog (BB) Market Survey is a Weekly Market watch that covers the prices of major food items in Boki LGA