Vegetable prices soar 30-40% as rain hit supplies
The intense cold coupled with the unexpected rain and dense fog has triggered a sudden rise in wholesale prices of vegetables with retail vendors typically charging 30 to 40% more for local produce including peas, potatoes and cauliflowers.Updated: Jan 07, 2015 12:06 IST
The intense cold coupled with the unexpected rain and dense fog has triggered a sudden rise in wholesale prices of vegetables with retail vendors typically charging 30 to 40% more for local produce including peas, potatoes and cauliflowers.
In the past week potato prices have virtually doubled from rs 10 to rs 20 a kg while onions are now selling for rs 40 per kg against rs 20 earlier.
Peas appear to be the costliest veggie, being sold for rs 50-60 a kg against Rs 15-20 about 10 days back. Tomatoes are now dearer by about 30% at Rs 50 a kg from Rs 20earlier.
Ramcharan, a ve getable shop owner in the Sector 22 market, said, “Because of the incessant rainfall the supply of local vegetables has abruptly decreased, resulting in a price spike. We’re getting vegetables from the main vegetable market in Sector 26 at prices that are higher by about 30% over those prevailing about 10 days ago.”
to say, street vendors are selling veggies at much higher prices.
Many vegetable shop owners feel prices will remain on the high side for at least a week.
“This time, due to the unexpected rain, both cauliflowers and potatoes couldn’t be properly harvested, resulting in the prices going up. Also, the foggy conditions in Punjab, from where most of the produce supplied to the city come, have resulted in inordinate delays incurred in veggies reaching the market, further fuelling the price spiral. This year the scenario has changed with demand far exceeding supply,” said Balbir Singh, president of the traders association of the Sector 26 vegetable market.
First Published: Jan 06, 2015 11:09 IST