A significant drop in the price of cassava flour at the industrial area adjacent to Omaria Road in Moruapesur Ward, Soroti City, has left many traders and millers struggling to cope with the situation. The reduced price, combined with low demand, has led to uncertainty among those involved in the sale of cassava flour, as they now face the challenge of determining how to stay afloat in such difficult circumstances.
In an interview, Jessica Apio, one of the traders, shared that the price of cassava flour has recently dropped to Shs 800 per kilogram. She expressed concern over the situation, revealing that cassava sales have come to a standstill with very few customers making purchases. Apio went on to admit that if this trend continues, many traders, including herself, may struggle to meet basic needs, including paying for their children’s school fees. This is a growing worry, as the impact of the price drop extends beyond businesses and directly affects the livelihoods of families in the region.
Another vendor, known as Helen Margaret, who deals solely in cassava flour in Soroti City East, emphasized that the situation is even worse for those who have taken out loans to fund their businesses. Margaret highlighted the challenge of repaying loans in the face of dwindling sales, stating that the financial strain is becoming overwhelming. The low demand, coupled with the debt pressure, is making it increasingly difficult for traders and millers to stay in business.
The traders in this area are now hoping for a recovery in the demand for cassava flour, which would help stabilize their businesses and allow them to meet their financial obligations. However, until this change occurs, many remain uncertain about their future in the cassava flour market.
