Prices of tomato linked food items may spike 5-10% following crop loss

Tomato prices in some mandis are still high

Tomato prices in the domestic market have started to cool from the highs it reached after massive crop loss due to floods and heavy rainfall in major producing states. However, the impact of squeezed supply is likely to impact the prices of food items in its value chain.

Apart from being used in raw form for cooking vegetables, tomato is processed to make ketchup, sauce, puree etc. Market players expect their prices to increase 5-10 per cent owing to short supply and higher procurement costs. However, the quantum of the possible upward revision in prices would be known in the