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Potato, onion prices firm up on prospect of delay in harvesting

Unseasonal rainfall result in waterlogging in low lying areas

Dilip Kumar Jha Mumbai
Last Updated : Mar 05 2015 | 10:54 PM IST
Potato prices have started moving up due to rain-hit arrivals at wholesale markets. Unseasonal rain early this week has resulted in waterlogging in low-lying areas and left deep mud elsewhere.

Data compiled by the National Horticulture Board (NHB) showed the wholesale price at Rs 605 a quintal in the benchmark Delhi market on Thursday, from Rs 550 a quintal on Tuesday, despite a sharp rise in arrivals that had been interrupted due to rain. As against 749 tonnes on Tuesday, potato arrivals into Delhi were 1,416 tonnes on Thursday.

The retail price in Delhi, however, remained at Rs 1,000 a quintal.

Pune was another market where the price recorded a jump. From Rs 1,200 a quintal on Tuesday, fresh potato jumped to Rs 1,400 a quintal on Thursday, despite daily arrivals being unchanged at 250 quintals. A rise of Rs 50 to Rs 550 a quintal was reported in Bhopal and other markets across the country.

“Despite reports of sporadic crop damage, the overall potato output is unlikely to decline significantly this year. We don’t deny a delay in harvesting due to deep mud in the field that might interrupt supply to mandis temporarily. But, there will be no long-term effect on availability,” said R P Gupta, Director of the Nashik-based National Horticultural Research & Development Foundation.

NHB has forecast output this year at a record 42.17 million tonnes, as against 41.56 mt in the previous crop year (July-June). Potato sowing was estimated at 1.99 million hectares this year as compared to 1.97 mn ha the previous year.

It is a similar story for onions. In the benchmark Lasalgaon (Nashik) mandi, the price jumped to Rs 1,325 a quintal  on Thursday from Rs 1,200 a quintal on Tuesday. Total arrivals at Lasalgaon, however, fell to 1,700 tonnes on Thursday against 1,950 tonnes two days earlier. Gupta believes, there will be no major impact of the recent rain on overall output.

In contrast, a city-based leading onion exporter said the quality would be hit due to high moisture content in the yet-to-be harvested crop.

Onion output this year, according to NHB, is estimated to fall marginally to 19.36 mt, from 19.4 mt last year. Sowing was reported at 1.19 mn ha as against 1.2 mn ha the previous season.

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First Published: Mar 05 2015 | 10:35 PM IST

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