Slight Increase in Casablanca Sheep Meat Prices in a Stable Market Trend
Casablanca, Morocco – Casablanca’s markets have experienced a slight increase in the price of sheep meat this week, with the latest wholesale price bulletin from the city noting a slight increase. This report spotlights current price trends on meat, produce, and fruit with meaningful implications for consumers and traders.
Sheep Prices Move Upwards, Beef Steady
Mutton, a must have on Moroccan tables has witnessed a moderate increase of 5DH; selling now at 65-110DH/Kg. This raise is, conversely, opposed to beef, steady at 75 -89 DH/kg. The movement in ovine meat could be due to either variations in demand or supply side factors, though the bulletin does not detail the cause. These are wholesale prices at Casablanca’s wholesale market and could vary at some retail markets as well quality and origin.
Vegetable Costs Hold Steady
Prices at Casablanca’s wholesale markets have remained mostly steady this week. Onions have dried to 12 DH/kg, squash at 8 DH/kg and tomatoes at 4.50 DH/kg. And potatoes are still very reasonably priced at 3.30DH/kg, to which cucumbers took a slight 30-cent dip, now selling at 2.50DH/kg. That stability provides predictability to families and enterprises budgeting their expenses.
Fruit Market: Mixed trends are reported
Watermelon and banana imports in the fruit industry have also slumped. Watermelons lost 2 DH/kg, while imported bananas shed 1 DH to 17 DH/kg. Local bananas, however, remain at 11 DH/kg. Avocados remain at 38 DH/kg, good news for lovers of this vitamin-packed fruit. And finally apples see a split trend with local varieties up 1 to 13 DH/kg and imports flat at 23 DH/kg.
Implications for Casablanca Residents
The weekly report acts as an important navigational device for Casablanca’s residents in the face of soaring prices for basics. And while a small increase in sheep meat costs may make some people rethink their shopping, veg and fruit prices are more stable, which is a blessing. These changes illustrate the fluidity of available volumes in wholesale markets, where the availability of volumes changes seasonally, as well as with import costs and local demand.
For further market inputs, FinanceTract will continue to track price movements across economic centres in Morocco. Get the latest news and updates, and follow people in the Roskomnadzor box.
Disclaimer: The prices provided in this article comes from Casablanca’s wholesale market bulletin and are for the sake of information. As always, retail prices vary depending on the location, size, and other factors.