# Somalia Market Update: April 2021 Update (Issued May 31, 2021) - Somalia | ReliefWeb

> Somalia's April 2021 market update reports consumer prices rising 2-7% month on month across regions, driven by higher sorghum prices. Local cereal prices rose 2-12% on low carryover stocks and concerns about the Gu season harvest.

- Date: 2021-05-31 · published 2021-05-31T12:00:00.000Z
- Category: report · region Somalia · magnitude low
- Page: https://feedsoft.ai/events/47170-somalia-market-update-april-2021-update-issued-may-31-2021-somalia-reliefweb
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Low carryover stocks and harvest doubts are tightening local sorghum supply in East Africa, which keeps sorghum prices firm. The effect on global sorghum pricing is limited because this is a small local market.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- reliefweb.int: https://reliefweb.int/report/somalia/somalia-market-update-april-2021-update-issued-may-31-2021

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.