Vegetable prices up on higher spoilage; tomatoes treble in Mumbai

Dry spell, frequent climatic changes take toll on produce; okra, bitter gourd soar in major markets

Small-ticket payments to be worst-hit
Dilip Kumar Jha Mumbai
Last Updated : Jun 24 2017 | 10:53 PM IST
After moving in a narrow range for several weeks, green vegetables have started firming up in spot Agricultural Produce Market Committee (APMC) yards because of the long dry spell and frequent changes in weather, resulting in high spoilage. 

Data compiled by the government-owned Agmarknet showed okra (bhindi) in the Ahmedabad APMC jumped 80 per cent over the past month to trade currently at Rs 45 a kg; at the Bengaluru wholesale market, it doubled to Rs 28 a kg. The same vegetable in Mumbai and Kolkata, however, rose only 11 per cent and 8 per cent, to trade at Rs 20 a kg in both APMCs there.

Bitter gourd in Mumbai is up 20 per cent since May 20, to trade this Friday at Rs 24 a kg in the wholesale market. Tomato prices have risen threefold in a month, following high spoilage. 

“Groundwater levels have slipped further. Rainfall for the current season is also deficient. So, farmers that started sowing through manual irrigation have started worrying about the distribution of rain this monsoon. And, intermittent rain has made fields wet — deep mud comes with plants while harvesting of vegetable crops. Therefore, the chances of spoilage are high in vegetables being harvested today. Warm weather during no-rainfall time has also supported spoilage of vegetables on the field and in transit,” said Shri Ram Gadhave, president, Vegetables Growers Association of India.

The National Horticulture Board said arrival of okra in the Delhi mandi was 7.1 tonnes on Friday, a decline from 7.8 tonnes a month before.

“Vegetables prices are likely to remain firm over the next two months. Normally, during the monsoon season, supply gets disrupted from farm to mandi as truckers avoid plying due to poor conditions of roads. There seems no change in the condition this year. Hence, vegetables prices might remain bullish during the current monsoon season,” said Sanjay Bhujbal, a Vashi-based wholesaler. 

The Union agriculture ministry's second advance estimates forecast vegetable output at 175 million tonnes in 2016-17, from 169 mt a year before. The area under vegetables is estimated to have gone up to 10.29 million hectares, from 10.1 mn ha the previous year.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story