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Prices Remain Steady at Uganda Manufacturers Association Trade Fair

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Prices at Uganda Manufacturers Association (UMA) Trade Fair

Prices for essential items like sugar, soap, and cooking oil have remained stable at the Uganda Manufacturers Association (UMA) Trade Fair, contrary to shoppers’ expectations of finding bargains.

A recent survey conducted by New Vision reveals that prices at the fair are in line with regular retail prices. For instance, a kilogram of sugar is priced at sh5600, similar to the average retail price outside the trade fair. While the cost of a liter of cooking oil has seen a slight decrease to sh8000, toiletries like toothpaste and body oils, usually bundled together, continue to be priced higher than what attendees typically anticipate.

In the case of washing soap, prices have decreased by sh500. For example, a one-kilogram bar of soap, which typically costs sh6000 in wholesale shops, is now available for sh5500. This resulted in a surge in demand for soap, with some vendors running out of stock by Saturday evening.

UMA’s executive director, Ezra Rubanda, explained that the prices at the trade fair are based on negotiations and are influenced by various factors in the production and supply chain. Some manufacturers couldn’t lower their prices further due to these dynamics.

Rubanda also refuted claims that expensive stalls were responsible for the high cost of essential commodities, stating that most stalls received subsidies, with the lowest fee being sh500,000 for the entire exhibition.

He encouraged the public to take advantage of the trade fair to connect with suppliers and explore new technologies that can benefit their businesses after the event.