Apple prices jump 20% in one week on extensive crop damage in J&K

Extent of damage estimated at 10-12% in Kashmir and a marginal 2-3% in Himachal Pradesh due to pre-season snowfall

Apple prices have surged during the past one week in wholesale and retail markets due to supply disruptions caused by crop damage.

Trading around Rs 75 a kg for long, with intermittent surges, apple prices in Himachal Pradesh shot up by a 20 per cent to trade currently at Rs 90 a kg from a week ago. The fruit has also become more expensive by 22 per cent in Jammu & Kashmir, where it currently trades at Rs 55 a kg from the level of Rs 45 a week ago.

The sudden price spike is largely attributed to crop damage