Sugar, beef prices up PDF Print E-mail
Monday, 23 April 2012 19:25

beef.jpgThe price of most basic commodities has largely remained stable, though concern has, however, been raised over the hikes of sugar and beef prices, which have recorded significant increases, whilst white sugar is in short supply.

Sugar has risen by a further 12%, recording a 19% increase within a fortnight.

Sugar, which was raised by 7% on the second of this month from the supply side, now costs an average $1,25 up from $1,15 whilst white sugar is $2,50 up from $2,25 for a two kilogramme packet, reflecting a 7% and 19 % increase respectively.

Consumers who spoke to ZBC News expressed dismay at the price hikes which have also seen beef now costing between $4,00 and $6,20 for the commercial grade, with other grades costing up to $8,00.


Retail sector analyst, Mr. Danford Mutashu says the hikes are speculative as suppliers attribute the increase to sugarcane shortages from hippo valley and a dwindling herd for beef.


basic commodities 2.jpgMealie-meal remained unchanged at between $4.65 to $5.05 per 10 kilogramme bag of roller meal, while refined meal is being sold at between $5.05 and $6.95.

A 20 kilogramme bag of roller meal is pegged at an average $10.

A two kilogramme packet of rice is being sold at between $1.85 and $3.45.

Flour prices ranged from $1.80 to $3.25 for a 2 kilogramme bag, while margarine is pegged at between $2.45 and $2.75 for 500 grams.

Cooking oil prices range from $3.50 to$4.90. However, there are concerns over an impending increase for imported brands, with speculated increase of between 5 and 13%.

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