WAEMU - Contrasting trends in the prices of the main raw materials : Orishas-finance

Version Française

WAEMU - Contrasting trends in the prices of the main raw materials

26/06/2020

Source : AllAfrica, Inc

Categories: General Information

imprimer

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

"As regards the main raw materials exported by the EU countries, their prices showed contrasting developments, with year-on-year increases for gold (+21.4%) and cacao (+13.9%)," the document reads.

On the other hand, prices were down for cashew (-41.5%), café (-13.2%), the cotton (-12.2%) and rubber (-0.2%). As for import products, compared to the first quarter of 2019, prices were upwards for rice (+27.5%), edible oils (+16.3%) and wheat (+12.2%).

"On the regional stock market, the BRVM 10 index fell 26.1% at the end of March 2020 compared to its level at the end of March 2019. The market capitalization also fell by 17.6% over the same period, "reveals the same source.

Provided by AWS Translate