Pyrethrum extract prices rebound to a record high on weak shilling

DNNAXPYRETHRUMFARMING24

A pyrethrum farm in Turi, Molo in Nakuru County on March 23, 2023. 

Photo credit: File| Nation Media Group

The price of pyrethrum extract, the main product obtained from the processing of pyrethrum flowers, jumped by 38.8 percent last year to hit the highest level on available record, due to a weak shilling.

Data from the Agriculture and Food Authority (AFA) shows that the price of a kilogramme (kg) of the extract averaged Sh37,500 in 2023, up from Sh27,000 in the previous year.

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