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 PRICE OF FLOUR EXPECTED TO RISE
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Momodou



Denmark
11717 Posts

Posted - 07 Sep 2007 :  19:19:15  Show Profile Send Momodou a Private Message
PRICE OF FLOUR EXPECTED TO RISE
By Fabakary B. Ceesay


After our last publication regarding the reduction in size of the local bread (Tapalapa) and the corresponding increase of the price of flour, Foroyaa decided to contact the importers, retailers and wholesalers.

According to Mr. Hussein Tajco, proprietor of TAJCO import and export company which engages in the flour business, there was low production of wheat this year and this has affected the wheat market. Mr. Hussein said he imports his commodities from Turkey and that he deals in two types of flour. He indicated that the "Cow" brand wheat is sold at D560 dalasi and that the "Eiffel Tower" brand flour is sold at D625 dalasi. He said both flour brands are made from wheat and have different qualities. The Tajco proprietor noted that he expects the price of flour to increase due to the world market price.

Mr. Yahya Faal, a wholesaler, said he buys flour at a wholesale price at D625 dalasi per bag and sells at a retail price of D630 dalasi per bag. Two other wholesale merchants in Serekunda, who want to remain anonymous, told this reporter that they buy a bag at D625 dalasi and resell at D670 dalasi, a price which they said includes labour and transport costs. They said they do not intentionally increase the price but have to gain a little profit from each bag.


Source: Foroyaa Newspaper Burning Issue
Issue No. 105/2007, 7-9 September, 2007

A clear conscience fears no accusation - proverb from Sierra Leone

toubab1020



12311 Posts

Posted - 07 Sep 2007 :  19:27:32  Show Profile Send toubab1020 a Private Message
No one is being greedy here its world wide,in the UK the price of a loaf has risen 6% in the last week!

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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kobo



United Kingdom
7765 Posts

Posted - 20 Sep 2007 :  04:16:41  Show Profile Send kobo a Private Message
Updates from The Point Newspaper Shyben Madi Reduces Sugar, Cooking Oil Prices under http://www.thepoint.gm/headlines2321.htm
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