Tomato Prices Expected to Remain Firm
Recently, the tomato prices have
been rising, especially after torrential rains in Tamil Nadu and parts of
Andhra Pradesh. This rainfall during
last week not only affected the arrivals of Tomato in the mandis of the state but
has damaged the tomato crop also. Hindrance in transport has been the main
reason of decline in the arrivals in the state mandis. Even the neighboring
states are also witnessing rise in both wholesale and retail prices of the
commodity as supply from these states has been diverted to Tamil Nadu.
During
this month, all India arrivals of tomato has been about 67 thousand tonnes. During
1-23rd November 2015, Azadpur (Delhi), Pamarru (Andhra Pradesh),
Mysore (Karnataka), Bowenpally (Telangana) and Kolar (Karnataka) has been top 5
mandis registering arrivals of 5052, 5000, 4122, 3546 and 2960 tonnes
respectively (total arrivals 20680 mts in top 5 mandis). During this period, Mulakalacheruvu recorded
lowest modal price of Rs 1600/qntl while Mysore witnessed highest price of Rs
4500/qntl. It defies logic why Tomato be
retailed at Rs 80-100/kg where whole sale prices are Rs. 16-45/kg.
While during
the corresponding period in 2014, Shivpuri (Madhya Pradesh), Mysore (Karnataka), Mulakalacheruvu
(Andhra Pradesh), Ahmedabad (Gujarat) and Kolar (Karnataka) were top 5 mandis
registering arrivals of 92092, 14256, 12890, 5126 and 4741tonnes respectively
(total arrivals 129105 mts in top 5 mandis). Shipuri had recorded lowest price of Rs 300/qntl for this period whereas
highest price was Rs 1200/qntl recorded in Perinthalmanna Mandi of Kerala.
During
next 2-3 days, scattered light to moderate rainfall is expected in Tamil Nadu.
Although the rainfall intensity is likely to reduce in subsequent days, it is
anticipated that the prices may remain firm on account of short supply.
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