Market situation in a nutshell:
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During the month of March 2018, we could generally say that the markets remained dynamic and the commercial activities did not decrease in intensity. As a result, marketing of cereals continued, but stocks of traders and peasants began to decline. However, it should be noted that this decline, although still moderate, has already begun to cause slight price increases in some areas. By country, the trend is as follows:
For rice: During the month of March 2018, with the exception of Niger, where slight price increases have been observed, the trend has been towards stability in all other markets in African countries. West followed (Benin, Togo, Ghana, Côte-d'Ivoire, Guinea, Burkina-Faso, Mali, and Senegal)
For maize: During the month of March 2018, 5 out of the 9 follow-up countries recorded a slight price increase on their markets while 4 countries observed rather a price stability. The price increases resulting from weak demand-side supply took place in Benin, Côte d'Ivoire, Guinea, Niger, and Burkina Faso, while price stability was observed in Togo. , Ghana, Mali, and Senegal
For millet: Following the rise in prices recorded over the past month, marketing improved this month in the markets of the main producing countries and stabilized prices. Thus, with the exception of Burkina-Faso, where there was a slight increase in prices following the weakness of the peasant stocks, all 8 other markets (Benin, Togo, Ghana, Ivory Coast, Guinea, Niger, Mali, Senegal,) have seen prices stabilize in the markets.
For sorghum: During the month of March 2018, with the exception of Burkina-Faso and Senegal, where slight price increases were observed, the trend was rather towards stability in the monitored markets. Other countries (Benin, Togo, Ghana, Ivory Coast, Guinea, Niger, Mali).