A Review of Developments in the International Commodity Markets during the First Quarter of 1983, with Particular Reference to Nigeria's Agricultural Commodities

Authors

Agric Studies Office Research Department, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

International Commodity Market

Abstract

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.

Author Bio

The authors are staff of the Agricultural Study office of the Research Department of the Central Bank of Nigeria

Publication Title

CBN Economic and Financial Review

Issue

1

Volume

21

Recommended Citation

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.