បច្ចុប្បន្នភាពទីផ្សារតាមរដូវកាល

Dec 13, 2023

Summary Key Findings

In January 2023, the cost of the WFP basic food basket (BFB) continued dropping after peaking in October last year, amid declining global food, fertilizer, and fuel prices. The cost of the BFB was USD 25.9, down by 2.3% compared to the previous month (month-on-month, MoM), but still 2.9% higher than during the same period previous year (year-on-year, YoY). The cost of the BFB continued to be lower in rural areas at USD 25.2 (-2.2% MoM) as compared to urban areas USD 26.5 (-1.9% MoM).

Prices of most key food commodities in the basket remained stable or declined in January, including for duck eggs (-5.3% MoM), morning glory (-12.4% MoM), pork (-0.7% MoM), vegetable oil (-4.7% MoM), mixed rice (+1.6% MoM) and snakehead fish (+1.1% MoM). Easing food prices were linked to easing prices for fuel and agricultural inputs. Cambodia’s official imports of fertilizer picked up notably in January (by 27.3% YoY). As a result, prices of most food commodities approximated previous year’s levels, except for duck eggs (+15.4% YoY) and snakehead fish (+11.6% YoY) which remain significantly higher.

After a high in November market functionality deteriorated slightly, driven by unreliable price stability-predictability and insufficient quantities of essential goods, linked to increased consumer demand during the Chinese New Year holidays and declining fuel prices.

As of January 2023, dry season rice cultivation exceeded the national targets due to favourable rainfall conditions and water for irrigation being sufficiently available. However, the price of diesel, which is important to agricultural production, and agricultural fertilizer remained relatively high (+15.1% YoY).

Source from: https://reliefweb.int/report/cambodia/cambodia-market-seasonal-monitoring-update-january-2023-enkm

Posted By Hean Pheap

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