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Skyrocketed tomato price to decline soon

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New Delhi: Tomato prices are more likely to decline over the next fortnight as supplies from southern and other growing states are expected to improve, said a senior ICAR official.

Retail tomato prices have skyrocketed for more than a month now in most parts of the country and are still ruling high up to 100 per kg, as per the data maintained by the consumer affairs ministry.

Tomato prices in metros and other big cities have shooted up from Rs. 80 to Rs. 100 /kg, as per the ministry data.

“As per personal assessment, I expect prices to come down in the next 15 days. Supplies from southern states and other growing areas are likely to improve,” as told by A K Singh, Deputy Director General, Indian Council of Agricultural Research (ICAR).

As rain recedes, the supplies from southern states like Andhra Pradesh, Telangana and even Maharashtra will improve, that will ease pressure on prices, he said.

Singh said that heavy rains in Madhya Pradesh and Rajashtan and other growing states have caused some damage to the crop. Even the crop that is harvested has not been able to reach market on time due to transportation woes.

The Delhi-based Tomato Merchant Association Ashok Kaushik said, transportation cost has gone up due to more time involved in getting the produce in rainy season.

 

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