Ibanda: Foodstuffs prices go down following abundant supply
The prices for a number of food items have dropped significantly in Ibanda, with bananas experiencing the biggest decreases (of more than 50%). A big bunch of bananas costs UGX 13,000 presently, down from UGX 30,000; medium-sized ones go for UGX 10,000 and small size is at UGX 5,000, a reduction from UGX 18,000 and 10,000, respectively.
Speaking to our reporter, Kanifa Ainomugisha, a banana vendor at Saza Market, projects the prices to drop further over the coming weeks, adding that they will only recover in late August when the annual glut period for bananas is expected to end.
Prices for Irish and sweet potatoes have also inched lower because of the same reason, according Sofia Kansiime, a supplier of the root tubers. She quoted the wholesale price for sweet potatoes at UGX130,000 a sack, down from UGX 150,000 previously, while a basin costs UGX 30,000 each, indicating a reduction from UGX 35,000.
A dish of potatoes goes for UGX 6,000 compared to the previous UGX 8,000 and a bundle is at UGX 2,000. Retailers are selling the potatoes at between UGX 35,000 and 40,000 per basin.
Irish potatoes go for UGX 35,000 per basin compared to UGX 40,000 over the reporting period, while a dish declined from UGX15,000 to UGX 10,000 presently.
The traders ferry in the Irish potatoes from Buhweju, Kabarole and Kabale. Fresh beans range from UGX 20,000 to 22,000 per basin, a decline from UGX 25,000.
Fresh peas are at UGX 30,000 a basin, with a small basin is at UGX 10,000. Shelled fresh peas and beans go for UGX 20,000 per (Nice) cup.