FDC COMMODITY UPDATE – MARCH 05, 2019

Dear Subscriber,

Lettuce is a leafy vegetable rich in antioxidants such as vitamin C and zeaxanthin, a super antioxidant that boosts vision. The commodity, which offers various health benefits such as promoting digestive health and enhancing bone strength, currently costs $2,860/tonne(increased by 16.6% in the last one month).

Whilst lettuce can be grown across most states in Nigeria, domestic production remains at less than 1% (<200,000 tonnes) of global output (26.87 million tonnes). This presents an opportunity for commercial investment in the lettuce value chain.

The attached slides summarize the events that took place in the domestic and global commodity markets this week.

Enjoy your read!