Tomato prices may ease in coming weeks on inventories from Andhra, Karnataka

Tomato prices may ease in coming weeks on inventories from Andhra, Karnataka
Tomato prices may ease in coming weeks on  inventories from Andhra, Karnataka
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New Delhi Retail tomato price, which soared to Rs 75 per kg in the public capital, is anticipated to cool in the coming weeks as force improves from southern countries, a government functionary said on Saturday. The functionary, who spoke on condition of obscurity, said prices of potato and onion, which also spiked due to force dislocations, are anticipated to stabilize soon.

“ Prices of tomato, potato and onion are ruling high in Delhi and some other metropolises. Extreme heat followed by spells of redundant downfall disintegrated inventories, causing a shaft in prices in consuming areas, ” the consumer affairs ministry functionary told PTI.

Tomato price in New Delhi has surged to Rs 75 per kg, but is likely to ease if heavy downfall doesn't farther disrupt force chains, he said. According to the ministry data, retail tomato price in Delhi was Rs 75/ kg on July 12, down from Rs 150/ kg in the time- ago period. In Mumbai, the price was Rs 83/ kg, while Kolkata reported it at Rs 80/ kg.

The each- India average retail price of tomato stood at Rs.65.21/ kg on July 12, compared to Rs.53.36/ kg last time. presently, Delhi is entering tomato inventories from Himachal Pradesh and Uttarakhand. “ Prices will start easing as cold-blooded tomatoes from Andhra Pradesh and Karnataka reach the public capital, ” the functionary said.

The government doesn't plan to introduce subsidized tomato deals, a measure enforced last time when the price exceeded Rs 110 per kg. The functionary transuded confidence that prices would homogenize within 1- 2 weeks as inventories ameliorate from Andhra Pradesh and Karnataka. The sanctioned noted that India has 283 lakh tonne of stored potato, sufficient to meet domestic demand despite lower product compared to the former time.

Onion prices, which have eased in Maharashtra’s noncommercial requests, are anticipated to decline further with the appearance of the new crop in September. Heavy downfall has disintegrated the force of tomatoes, potatoes, onions, and green vegetables in crucial consuming areas, leading to price hikes across metros.

The government remains auspicious about price stabilisation in the coming weeks, handed there's no farther dislocation due to adverse rainfall conditions.

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