Experts predict that tomato prices may stay high for up to two months due to the damage caused to crops amidst unseasonable rainfall
Traders and experts attributed the rise in retail prices to likely tight supply from key growing states like Andhra Pradesh and Karnataka.
The price of tomatoes came down in all the major cities of the country in comparison to the corresponding price registered last one week and month.According to a statement by the Ministry of Consumer Affairs, Food and Public Distribution on Wednesday, the price of tomatoes at the all India level as registered on Tuesday (December 21) was lower by 12.89 per cent as compared to last one week and by 23.69 per cent as compared to the last one month.The latest price of tomatoes on Tuesday was Rs 47.25 per kg as against the price of tomatoes witnessed at the all-India level a week ago at Rs 54.55 per kg and a month ago at Rs 62.27 per kg."Major markets in Maharashtra, Karnataka, Andhra Pradesh and Delhi, have been seeing an increase in arrivals, and hence a correction in prices in the past few days," said the statement."The wholesale prices of tomato are forecasted to go down as crop from Rajasthan is in the market and crop from other states is expected to arrive by end of December. Due to .
Tomatoes account for 10 per cent of the total vegetable production in India
In Bangalore, tomato price in retail markets continued to rule high at Rs 88 per kg
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Wayward and excess rains have resulted in the ongoing spike in vegetable prices, and the cost of tomatoes will continue to be at elevated levels for two more months, Crisil Research said
Among metro cities, tomatoes were sold at Rs 93 per kg in Kolkata, Rs 60 per kg in Chennai, Rs 59 per kg in Delhi and Rs 53 per kg in Chennai on Monday, data showed.
Albeit for a brief period during monsoon and afterwards, retail price of tomato went up to Rs 80 per kg
This is largely because the surge in recent weeks is due to the rains in Maharashtra, which could impact kharif harvest if they continue unabated
Rates double in one month on reduced supply; processors stay away from fresh purchase
Prices of vegetables such as ladyfinger, bottle guard and onion have also witnessed a hike and they are likely to increase further if the situation does not come under control in the next month
Apart from a 35% spike in output, slow pace of capacity addition in food processing sector has taken a toll on farmer incomes
Alarmed over the sharp increase in retail price of tomatoes since the last two months, the Central government has directed Uttar Pradesh, Himachal Pradesh and other main producing states to increase supplies.It is also planning to constitute a high-powered panel of officials which would visit the mandis to get a firsthand information on the reasons for low supply and also review the supplies. Tomato prices in most retail markets across the country has risen by over 150 per cent in the last three months mainly due to supply disruption on account of monsoon. Imposition of the Goods and Services Tax (GST) has also hampered supplies with many transporters cutting down on their regular bookings. In national capital of Delhi, data furnished by the department of consumer affairs show that retail price of tomatoes has risen by 121 per cent since April, while in Kolkata, prices have risen by a whopping 700 per cent during the same period.Meanwhile, in a related development sowing of all major .
However, the supplies are expected to improve in coming days
Distressed farmers urge govt to extend production incentives and promote exports in order to ramp up prices
Price of tomato is cooling down as supply from Himachal Pradesh has increased