Petrol pumps have closed since yesterday with supplies running out, while all essentials commodities and those needed for daily use have stopped coming to Manipur in the past few days, official sources said.
The blockade has resulted in petrol being sold at Rs 110 per litre in the black market.
Market reports said prices of several essential items have been inching up while there is scarcity of cement and vehicle parts.
The drivers union has stopped bringing petrol to the state since April 21.
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The union is demanding release of driver Surajit Singh, who was kidnapped by suspected militants from Kohima while coming to Imphal.
The sources said talks were on with representatives of the drivers union for an amicable solution.
The blockade called by the student union has led to the cancellation of bus and transport services between Manipur and other states, the sources said.