Sugar prices drop, cassava flour up

Sugar prices have continued their down ward trend, dropping from Rwf750 to Rwf700 in Kimironko Market and nearby trading centres. In Kimihurura, it has fallen to Rwf750 from Rwf800.

Monday, May 20, 2013
The price of Irish potatoes increased by Rwf20 to Rwf170, up from Rwf150 last week. The New Times / Peterson Tumwebaze

Sugar prices have continued their down ward trend, dropping from Rwf750 to Rwf700 in Kimironko Market and nearby trading centres. In Kimihurura, it has fallen to Rwf750 from Rwf800.  Innocent Bahizi, the chairman of Kimironko Market, attributed the drop to an increase of sugar supply on the market. "There is too much sugar, which has forced us to reduce prices,” he said. On the other hand, cassava flour prices have shoot up from Rwf450 per kilogramme last week to Rwf500 in Nyarugenge and Kimironko markets. 

The prices for other major commodities have remained stable across major markets, with a kilogramme of bread at between Rwf850 and Rwf1,250, depending on the brand. Bananas are at Rwf180 per kilogramme in Nyamirambo Market, millet flour Rwf1,200 and beef costs Rwf2,000 a kilo. Chicken is at Rwf3,500 per kilogramme and Rwf500 for beans.

A kilogramme of rice from Tanzania costs Rwf1,000, while that from Pakistani is at Rwf750, unchanged from last week. A kilogramme of Irish potatoes goes for Rwf230 in Nyabugogo. Prices for most fruits have remained stable. a kilo of passion fruits costs between Rwf1,000 and Rwf1,200 in Nyarugenge and Nyamirambo markets respectively.