Central Bank of Nigeria
International Commodity Market
In spite of continued world recession , the international commodity markets have remained fairly stable since the fourth quarter of 1982. The widening gap between supply and demand , which had characterised the markets for most of the commodities up to the third quarter of 1982, appeared to have narrowed considerably during the fourth quarter of 1982 and the first quarter of 1983. Consequently, the allcommodities price index I of Nigeria's scheduled agricultural commodities for the 1983 first quarter rose further by 6.9 per cent over the level in the preceding quarter and by 0.8 per cent above that of corresponding quarter of 1982.
CBN Economic and Financial Review
Agric Studies Office (1981). A Review of Developments in the International Commodity Markets during the First Quarter of 1983, with Particular Reference to Nigeria's Agricultural Commodities. CBN Economic and Financial Review, 21(1), 5-7.