FDC COMMODITY UPDATE – SEPTEMBER 19, 2017

Dear Subscriber,

The naira appreciated to N367/$ at the parallel market, while oil prices hovered around $55pb ahead of the OPEC meeting on Friday.

The possibility of a petroleum workers strike could mean fuel scarcity and higher costs. However, it is likely to be a short-lived action with minimal disruptions.

The attached report summarizes the commodity price movements for this week.

Enjoy your read!