Business

Maize slips, but grain market holds firm

NewsDay Staff ·

Maize slips, but grain market holds firm

THE Zimbabwe Mercantile Exchange (ZMX) recorded firm commodity prices in the week ending June 6, supported by strong buyer demand and tight supplies across key agricultural commodities, despite a marginal decline in white maize prices, latest data shows.

The latest ZMX Weekly Bulletin shows a generally resilient grain market, with demand for maize, soya beans and other staples remaining strong despite minor price movements. Tight local supply conditions and steady industrial demand continue to underpin prices, particularly for maize and oilseeds, even as seasonal harvest inflows begin to increase.

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