ZMX sees soaring grain demand amid supply constraints

THE Zimbabwe Mercantile Exchange (ZMX) witnessed a surge in demand for grain commodities in last week’s trading, underscoring a dynamic shift in the country’s agricultural commodity markets.

According to the latest ZMX Weekly Bulletin for the week of June 9 to 13, buyer interest in maize and soybeans exceeded the available supply.

Maize, the staple grain, recorded a firm demand of 80 770 metric tonnes (MT), while supply lingered at a modest 9 092MT, leading to a discrepancy, resulting in increased market activity.

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