Soaring vegetable prices seen spoiling the festive mood
2 Oct, 2008, 0441 hrs IST,Indra Bhadra,ET Bureau
They are already batt
ling the soaring inflation.
Now with the soaring prices of vegetables such as tomato, cauliflower, lady’s finger, green peas, capsicum and coriander, planning the household budget has become really tough.
Prices of tomato have more than doubled in retail outlets on restricted supply. Tomato trades nearly at Rs 40 per kg against Rs 20 per kg a fortnight ago in the retail markets in Mumbai as untimely heavy rains spoilt crops in Maharashtra, Bihar, Uttar Pradesh, Orissa, Assam, Andhra Pradesh, Himachal Pradesh and adjacent areas of Delhi.
“Despite being the most perishable vegetable, stockists and cold storages are holding stocks of tomato on expectations of further rise in its prices,” said a vegetable merchant in Vashi who did not want to be named.
Meanwhile, wholesale traders at APMC Vashi claimed that onion prices have stabilised. But those who are managing the house and kitchen have a different experience as onion prices hovered around Rs 12-14 a kg in retail outlets.
Besides tomato, many vegetables too have become expensive due to lower-than-expected arrivals. Cauliflower has soared to Rs 60 a kg against Rs 40 a fortnight ago. So is the case with lady’s finger, green peas, capsicum and beans.
The crisis has deepened with many malls procuring stocks directly from the farmers, thereby increasing the prices, said sources in the APMC market.
Green peas costs as much as Rs 80 a kg, while cauliflower stands at Rs 60 a kg, lady’s finger at Rs 32 a kg, capsicum at Rs 50 a kg and corriander at Rs 25 to 35 a pair, reflect the state of the market.
“We are perplexed as prices of all major vegetables, fruits and essential commodities like pulses are on the higher side at the same time,” laments Sujaya Debdas, a resident of Chembur.
Finding no other way, housewives have learnt the art of juggling to keep the monthly budget in check. “Onions and tomatoes are required in preparation of everything as they become too costly, finding no other way, I have reduced quantity of buying,” says Gargi Banerjee, who stays in Vashi.
Fruits, which generally are available easily this time of the year, but become costlier as most of the festivals have fallen in same time, said APMC Fruit Merchants’ Association vice-president Uttamchand Vasani. “Now Eid-ul-fitr is over but Navratri, Durga Puja are on and Diwali is on pipeline, so they will remain costlier till October 30,” he added.
When asked about rising prices of vegetables, sources in Vashi APMC said the rates depend upon the demand-supply situation of the items on any given day. sourcE: economictimes.com
2 Oct, 2008, 0441 hrs IST,Indra Bhadra,
They are already batt
ling the soaring inflation.
Now with the soaring prices of vegetables such as tomato, cauliflower, lady’s finger, green peas, capsicum and coriander, planning the household budget has become really tough.
Prices of tomato have more than doubled in retail outlets on restricted supply. Tomato trades nearly at Rs 40 per kg against Rs 20 per kg a fortnight ago in the retail markets in Mumbai as untimely heavy rains spoilt crops in Maharashtra, Bihar, Uttar Pradesh, Orissa, Assam, Andhra Pradesh, Himachal Pradesh and adjacent areas of Delhi.
“Despite being the most perishable vegetable, stockists and cold storages are holding stocks of tomato on expectations of further rise in its prices,” said a vegetable merchant in Vashi who did not want to be named.
Meanwhile, wholesale traders at APMC Vashi claimed that onion prices have stabilised. But those who are managing the house and kitchen have a different experience as onion prices hovered around Rs 12-14 a kg in retail outlets.
Besides tomato, many vegetables too have become expensive due to lower-than-expected arrivals. Cauliflower has soared to Rs 60 a kg against Rs 40 a fortnight ago. So is the case with lady’s finger, green peas, capsicum and beans.
The crisis has deepened with many malls procuring stocks directly from the farmers, thereby increasing the prices, said sources in the APMC market.
Green peas costs as much as Rs 80 a kg, while cauliflower stands at Rs 60 a kg, lady’s finger at Rs 32 a kg, capsicum at Rs 50 a kg and corriander at Rs 25 to 35 a pair, reflect the state of the market.
“We are perplexed as prices of all major vegetables, fruits and essential commodities like pulses are on the higher side at the same time,” laments Sujaya Debdas, a resident of Chembur.
Finding no other way, housewives have learnt the art of juggling to keep the monthly budget in check. “Onions and tomatoes are required in preparation of everything as they become too costly, finding no other way, I have reduced quantity of buying,” says Gargi Banerjee, who stays in Vashi.
Fruits, which generally are available easily this time of the year, but become costlier as most of the festivals have fallen in same time, said APMC Fruit Merchants’ Association vice-president Uttamchand Vasani. “Now Eid-ul-fitr is over but Navratri, Durga Puja are on and Diwali is on pipeline, so they will remain costlier till October 30,” he added.
When asked about rising prices of vegetables, sources in Vashi APMC said the rates depend upon the demand-supply situation of the items on any given day. sourcE: economictimes.com
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