PRICES of mealie-meal on the Copperbelt have started falling. About three months ago, a 25kg bag of breakfast mealie-meal was fetching between K96 and K106, and in some cases as high as K120.
But a check in retail outlets in Kitwe yesterday established that the prices of mealie-meal have fallen significantly.
At Olympic Milling wholesale depot at Chisokone market, a 25kg bag of breakfast mealie-meal was selling at K73 while the same quantity of roller meal was going at K57.
A 10kg bag of breakfast mealie-meal was being sold at K35.
At G and G retail shop at Parklands Shopping Centre, a 25kg bag of Jamas breakfast mealie-meal was pegged at K72 while roller meal was selling at K46.
A 20kg bag of Jamas breakfast mealie-meal was pegged at K58 while a 10kg bag of breakfast and roller mealie-meal were being sold at K32 and K22, respectively.
However, at Buchi-Kamitondo market, a 25kg bag of breakfast mealie-meal was still pegged at between K80 and K85.
According to a trader Enelesi Mwanza, most mealie-meal dealers at Buchi-Kamitondo market are still selling old stock and that is why the prices are still high.
The Zambia National Farmers Union -ZNFU-on the Copperbelt has predicted a further fall in mealie meal prices in the country.
ZNFU Copperbelt Regional Manager Micheal Zulu has predicted that a 25-kilogram bag of breakfast mealie meal that is currently trading at between 60 and 67 kwacha in most Copperbelt towns might drop to between 55 to 58 kwacha.
Mr. Zulu has told Znbc News in Kitwe yesterday that the drop in mealie meal prices is due to the maize bumper harvest that the country has experienced.
He has explained that the current drop in mealie meal prices is also due to market forces of demand as supply as most millers are now buying maize grain from farmers at lower prices.
The ZNFU Regional Manager is however worried that buyers are now exploiting farmers as a 50 kilogram bag of maize is now pegged at 60 kwacha in most Copper belt Towns.