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Veggie prices drop with increase in production

COIMBATORE: The build up in production of tomato and different vegetables has led to a slight drop in prices across local markets within the town. Traders say there was a sizeable drop in vegetable prices on the farm gate and build up in arrivals.
However, vegetable outlets say the price drop is limited to simply low-grade vegetables and is perhaps transient.

Customers who went to shop for vegetables on Thursday found tomatoes promoting at Rs 10/kg, a sharp Rs five drop from Rs 15/kg it used to be promoting closing week.

Other vegetables like cabbage additionally used to be found at a lower cost of Rs 8 compared to closing week’s value of Rs 12. Cauliflower and small onions have been sold no less than Rs 4 to Rs 6 inexpensive than closing week’s rates.

Vice president of Saibaba Market T K Sounderrajan showed that prices had fallen this week.

“Many vegetables that did not develop throughout the frost, bloomed lately after the temperatures modified. Farms that saw yields of round 10 to 12 tonnes, saw a yield of 15 to 16 tonnes,” he mentioned. “As a outcome, we've got additionally reduced our prices,” he added.

City-based hotelier Vivek Srinivasan showed that vegetable prices had dropped within the wholesale market. “Prices of all high-grade vegetables, together with tomato, have fallen to round Rs 13 to Rs 15/kg. Our dealers say it used to be because of fall in vegetable exports from Kollar area in Karnataka, resulting in over-supply in our markets. But this can be a transient phenomenon and we think it to upward thrust again later this week and subsequent week, because there are lots of muhurthams,” he mentioned.

Dorairaj Chinnasamy of Pazhamudhir Nilayam mentioned within the wholesale market, they are seeing a distinction of Rs 2 to Rs 3 in high-grade vegetables.

“A small distinction occurs on a day-to-day and weekly basis because of constantly shifting demand and supply,” he mentioned.

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