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Sudan Monthly Market Update - Oct 2010

, 21/10/2010 - Sorghum prices in most observed markets declined between August and September, but are still much above the September 2005‐2009 average levels. Central Statistical Bureau sources have also indicated that food price inflation declined from around 20% in May to about 10% in September 2010. The food expenditure ratio (FR), in Sudan was 61.4 percent for Sudan in 2009. This means that on average a household in Sudan spends more than three fifths of its total expenditure on food items. FAO Crop Prospects and Food Situation (Sept 2010), shows that international wheat prices increased in the range of 60 to 80% from July to September 2010 due to supply decline. These higher level cereal prices were still one third below their peaks in 2008. However, this is expected to increase the import bill of importing countries by about 8%. Sudan is now importing about 2 million MT of wheat and wheat flour each year. The Government continues to subsidize wheat and hence the impact of higher international wheat prices has not yet been directly transferred to consumers in Sudan. Khartoum wheat prices increased from 103 in July to 120 SDG/ 90 kg bag in Sept 2010 (16%).
Written by SIFSIA Northern Sudan and Sudan Government of National Unity (GNU)
Add file  SMMU_Oct10.pdf

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