City
Epaper

Tomato prices drop 22.5 pc as flow of fresh crop picks up pace

By IANS | Updated: November 17, 2024 13:35 IST

New Delhi, Nov 17 The retail price of tomatoes is on the decline as the arrival of the ...

Open in App

New Delhi, Nov 17 The retail price of tomatoes is on the decline as the arrival of the fresh crop has picked up momentum in the wholesale markets. The all-India average retail price of tomato fell to Rs 52.35 per kg as of November 14 which is 22.4 per cent lower than Rs 67.50 per kg on October 14, according to a statement issued by the Union Ministry of Consumer Affairs on Sunday.

During the same period, the average prices at Azadpur mandi declined by almost 50 per cent, from Rs 5,883 per quintal to Rs 2,969 per quintal with the increase in tomato arrivals. Similar declines in mandi prices are reported from benchmark markets such as Pimpalgaon, Madanapalle and Kolar, the statement said.

The total annual production of tomatoes, as per the third advance estimate of the Department of Agriculture is 213.20 lakh tonnes in 2023-24, which represents a 4 per cent increase over 204.25 lakh tonnes in 2022-23.

Although tomato is produced throughout the year, there is seasonality in the producing areas and the quantum of production. Adverse weather conditions and logistics disruptions have a significant impact on prices due to the high susceptibility of tomato crops and the high perishability of the fruit. The surge in tomato prices during October was on account of excessive and prolonged rain in Andhra Pradesh and Karnataka, the statement explained.

The general seasonality in tomato production across various regions of India showed that October and November are the main sowing periods in major producing states. Continuous availability of tomatoes in the market, however, is ensured because of the short duration for cultivation of the crop and multiple picking of fruits.

Even though the arrivals have subsided at major tomato centres in Madanappale and Kolar, prices have come down on account of seasonal arrivals from pockets in states like Maharashtra, Madhya Pradesh and Gujarat that have been filling the gaps in supply across the nation. As of date, the weather has also been favourable for the crop and also for maintaining a good flow across the supply chain from the fields to the consumers, the statement added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsU19 Asian Boxing C’ships: Indian boxers continue strong showing as seven women assured of medals

NationalIndefinite bus strike called off as Karnataka HC warns RTC union of arrest, contempt action

NationalHunted and hiding: ISI moves Masood Azhar across safe houses as Jaish-e-Muhammad cadres’ morale crumbles

NationalCorruption is rampant in Andhra Pradesh under coalition rule, says Jagan Mohan Reddy

TechnologyTorrent Power clocks 24.7 pc drop in net profit, revenue falls 12.5 pc

National Realted Stories

NationalNo ‘gallows’ on Delhi Assembly premises, clarifies Speaker Vijender Gupta

NationalTrump claims India will offer zero tariffs, but US will put higher tariffs in 24 hours for Russian oil trade 

NationalED seizes documents of benami companies in Rs 1,266 crore bank fraud case

NationalEAM Jaishankar, German MP discuss bilateral cooperation

NationalPIB debunks fake news about Union Minister Ashwini Vaishnaw meeting 'Udaipur Files' producer