Dynamite News
Tomato prices shoot up to Rs 80-100/kg across the country due to short supply
Tomato prices have also skyrocketed in Karnataka and its capital city Bengaluru as incessant rains have damaged the crop and made transportation difficult. Read further on Dynamite News:
New Delhi: Tomato prices have recently shot up in the markets across the country from Rs 10-20 per kg to a price of Rs 80-100 per kg. The reason behind this is the dip in supply due to heatwaves in tomato-growing areas and heavy rain.
Ajay Kedia, a Mumbai-based commodity market expert and head of Kedia Advisory said, "This year, for a variety of reasons, fewer tomatoes were sown than in prior years. As the price of beans surged last year, many farmers switched to growing beans this year. However, a lack of monsoon rains has caused the crops to dry out and wilt. The limited supply of vegetables, particularly tomatoes are due to crop damage caused by heavy rainfall and extreme heat."
Mohammad Raju, a resident of Delhi said, "Tomato is being sold at a price of Rs 80 per kg. The rate has suddenly shot up in the past two-three days."
Tomato prices have also skyrocketed in Karnataka and its capital city Bengaluru as incessant rains have damaged the crop and made transportation difficult.
The price of tomatoes touched Rs 100 per kg in a market in Bengaluru and traders said that due to heavy rain, the crops have been damaged.
Tomato, sold at Rs 40 to 50 per kg a week ago in the Kanpur market is now being sold at Rs 100 per kg while in Delhi it is being sold at Rs 80 per Kg.
According to vegetable vendors of a market in Kanpur, Karnataka, a major tomato supplier, saw heavy rains that destroyed the crops. The prices soared in just 10 days and are likely to increase further, the vendors added. (with ANI inputs)