Heavy rain pushes up vegetable prices
Incessant rainfall across state villages affects produce; cost up by 10 per cent to 60 per cent
In the last few days, vegetable prices, which had fallen after early showers in the month of June, have gone up by 10 per cent to 60 per cent. And they are expected to remain high till September.
Constant rain across rural parts of the state and the country has hit the production of vegetables hard, which in turn has affected the supply.
“The increase in vegetable prices was expected, as incessant rainfall leads to a slump in their production. Hence the prices of some regular vegetables have increased in the last few days,” said Avinash Patil, deputy secretary (Vegetable Section) at APMC market. “Generally, production of leafy
vegetables decreases during monsoon. But this year tomato production in the state has gone down, as heavy rainfall damaged the fruit before plucking. Hence tomato price has increased significantly. We have started receiving tomatoes from Bangalore, so we expect prices to come down in the next few days.”
Traders at the APMC market believe that vegetable prices this year will keep increasing till September. They said that usually the prices attain stability by August.
“After sufficient rainfall by July-end, an increase in production of vegetables is witnessed by August-end, which then remains stable till November. After this vegetable prices go down for the next two to three months. But the delay in commencement of monsoon this year is going to change the pattern. An increase in the production of vegetables is likely to happen only after mid-September. So the vegetable prices are likely to remain high until then,” said Pramod Prabhu Gupta, a trader at APMC market.
* Avg increase from January to July