Mealie-meal, wheat prices up in Zimbabwe

Published 2022년 4월 17일

Tridge summary

The Grain Millers Association of Zimbabwe (GMAZ) has increased the prices of mealie-meal and flour by 52% and 31% respectively, following a rise in maize and wheat prices. The price of 10kg roller meal has risen to $1 665 from $1 099, and flour to $215 000 per metric tonne from $164 523. The association has permitted individual millers and wholesale/retailers to negotiate price discounts due to increased costs in packaging, labour, transport, electricity, and imported wheat. GMAZ attributes the price increases to global trends.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Mealie-meal, wheat prices up | Sunday News (Business) Judith Phiri, Business Reporter THE Grain Millers Association of Zimbabwe (GMAZ) has reviewed upwards prices of mealie-meal and flour, following the increase of maize and wheat prices. The prices of mealie-meal and flour recently went up by 52 percent and 31 percent respectively. The price of a 10kg roller meal rose to $1 665 from $1 099, while flour rose to $215 000 per metric tonne from $164 523. In a statement last week, GMAZ said prices of grain from Grain Marketing Board (GMB) went up. Commercial white maize price increased to $75 000 per tonne from $50 000 which translates to a 50 percent increase, while wheat rose by 17.8 percent to $66 000 per metric tonne from $56 000. “These increments are substantial and millers cannot absorb them. At its urgent virtual meeting yesterday, the GMAZ Secretariat reported the following price movements; a)10kg roller meal to increase by 52 percent to ZWD1 665 from ZWD1 099. b)One ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.