Time to turn veggie, prices down to half | mumbai | Hindustan Times
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Time to turn veggie, prices down to half

mumbai Updated: Sep 26, 2009 02:40 IST
G. Mohiuddin Jeddy
G. Mohiuddin Jeddy
Hindustan Times

Here’s some relief for your wallet. Vegetable prices that had skyrocketed about a fortnight ago, are now easing. And they’re expected to stay that way till Diwali, at least.

The prices of almost all vegetables at the wholesale Agricultural Produce Market Committee market in Vashi have dipped by over 50 per cent.

“The main reason is the increase in arrivals,” said vegetable wholesaler Sanjay Karande. “It was a long fasting season. Earlier, it was Ramzan, now it’s Navratri. The number of buyers has reduced.”

Karande also attributed the fall in prices to the lack of rains. “A lot of the crop gets destroyed due to heavy rains. This time, the rainfall was just adequate for the crop.” The heat, he said, had helped ready the crop faster although the quality had suffered, thus affecting prices.

“Due to poor rains, farmers didn’t want to take chances cultivating other crops and several have shifted to vegetables, thus adding to the supply,” said wholesaler Narendra Shelke.

Shelke said they were expecting are expecting a steady flow of supplies till well after Diwali, as new arrivals had just started pouring in, which would help keep prices low.

The effect is trickling down to the retail market too.

“From over Rs 40 a kg two weeks ago, most vegetables are now sold for Rs 20 a kg,” said Kamlesh Gupta,Vashi vendor.

Buyers, of course, are pleased. With prices of every other commodity rising, this will bring in some relief,” said Vashi resident Adnan Chougule.