{"id":25956,"date":"2017-05-12T08:47:57","date_gmt":"2017-05-12T08:47:57","guid":{"rendered":"http:\/\/fdcng.com\/?p=25956"},"modified":"2017-05-12T08:47:57","modified_gmt":"2017-05-12T08:47:57","slug":"fdc-commodity-update-may-11-2017","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-commodity-update-may-11-2017\/","title":{"rendered":"FDC COMMODITY UPDATE – MAY 11, 2017"},"content":{"rendered":"

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Download PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Commodity prices have maintained their upward trajectory this week with further spikes in the price of rice and tomatoes. Tomato prices have increased by a whopping 27% to N14, 000 as the crop season is over, thus, supply has declined as a result, sending prices through the roof.<\/p>\n

Rice prices have also shot up by 17% to N17, 500 on border closure taking to account the commodity\u2019s import dependence. On the global front oil prices have sustained a rally this week, trading above $50pb. This comes after last week\u2019s lows of $47pb.\u00a0<\/p>\n

The FDC Think Tank summarizes these events as the week draws to a close.<\/p>\n

Enjoy your read![\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Commodity prices have maintained their upward trajectory this week with further spikes in the price of rice and tomatoes. Tomato…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[18,110],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25956"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=25956"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25956\/revisions"}],"predecessor-version":[{"id":25957,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25956\/revisions\/25957"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=25956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=25956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=25956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}