Commerce Ministry Releases Commodity Prices

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The Ministry of Commerce has released its bi-monthly critical commodities bulletin highlighting the prices of key commodities in the country.

The commodities include rice, the national staple, petroleum, a political commodity, and other food & non-food items.

In a release issued recently in Monrovia, the Ministry indicated there were over 35,856 metric tons of 50 kg rice in the country which is expected to last up to the 21 of September.

The retail price for rice is US$14 to 16/25kg in Montserrado and its environs while the retail price in the rural area is US$19 to 20/25kg.

The pump price of Petroleum products (diesel and gasoline) is US$4.26 and $4.18 respectively.

Cement, which is now being widely used in the country by everybody for infrastructure building, is now being sold at US$8.50 to 8.75/50kg in Monrovia while rural is US$9 – 10 /50kg.

 According to the Ministry, the bi-monthly bulletin is a product of the Ministry developed to inform the public on key commodities inventory and pricing on a bi-monthly basis.

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