Heavy rain, poor produce push up onion, tomato costs; pattern to remain until Dec-end

With Heavy rainfall since August-end leaving market-ready crops extensively broken, affecting arrival and high quality of the produce, costs of onion and tomatoes have gone up steadily throughout the nation.

Data from the Ministry of Food, Public Distribution and Consumer Affairs present that retail costs of onion and tomatoes have elevated considerably within the final one month. Onion costs in Delhi have gone up from Rs 33/kg in September to Rs 47/kg.

The value escalation has been steeper within the case of tomatoes, with Delhi markets now retailing it at Rs 59/kg, in comparison with Rs 28/kg a month in the past. At another locations, onion costs have touched or crossed Rs 50/kg, whereas tomato costs are nearing Rs 60/kg.

Farmers had earlier reported injury to stocked produce, harvested in April-May. The general availability of onions had began dipping since September-end.

At Lasalgaon’s wholesale market in Maharashtra’s Nashik district, the common traded value of onion is rising for the reason that third week of September. The costs, which for many a part of the yr have been round Rs 1,500-Rs 1,600/quintal, have breached Rs 3,300/quintal.

Suresh Deshmukh, a fee agent in Nashik’s Dindori taluk, mentioned new arrivals have been of poor high quality. “Such onions don’t have much market value. The only tradable onion now is stored onion, which farmers are offloading,” he mentioned.

In the case of tomatoes, the common traded value at Karnataka’s Kolar market has been over Rs 3,000-Rs 3,500/quintal. Traders in Kolar identified that September rains had triggered injury to the crop within the space.

“The present trend is expected to continue till December-end. Prices are also going to increase as demand increases after Covid-19 restrictions ease out,” mentioned Deshmukh.

Source

Recent Articles

Related Stories