Vegetable prices surge due to reduced supply

The wholesale market experienced a 15 to 20 percent price increase, while all leafy greens have also become more expensive due to lower availability.
Representative Image

Pune: All types of vegetables have become more expensive due to a drop in supply. Prices for items like potatoes, okra, tomatoes, green chilies, bell peppers, eggplants, and cauliflower have surged by 10 to 20 percent. Additionally, bundles of coriander and fenugreek are being sold for fifty rupees each.

On June 23, the Pune Agricultural Produce Market Committee at Gultekdi saw an influx of approximately 75 to 80 truckloads of vegetables from various parts of the state and neighboring states. Compared to the previous week, the reduced supply and increased demand have driven up vegetable prices.

The wholesale market experienced a 15 to 20 percent price increase for coriander, fenugreek, and green onions due to lower availability. Traders reported that all leafy greens have also become more expensive.

The price of green onions has risen to 40 rupees, while other leafy greens are available at 30 rupees per bundle. Sellers anticipate these prices will remain steady for the next fifteen days. On June 23, the vegetable market received around 125,000 bundles of coriander and 50,000 bundles of fenugreek.

In the fruit market, prices for pomegranates, papayas, and sapodillas have increased. Meanwhile, prices for lemons, pineapples, oranges, sweet limes, watermelons, muskmelons, and guavas have remained stable.

On Sunday, the market saw an influx of 30 to 40 tons of sweet lime, seven truckloads of pineapples, 10 to 12 tons of oranges, 30 to 35 tons of pomegranates, 30 to 40 tempo loads of papayas, approximately 1,500 to 2,000 sacks of lemons, 15 to 20 tempo loads of watermelons, five to six tempo loads of muskmelons, 800 to 1,000 sacks of sapodillas, and 300 to 400 crates of guavas.

Severe heat and recent rains have caused significant damage to vegetables. New plantings depend on the rain, and the current supply is not meeting demand, leading to a substantial price increase, stated vegetable vendors.

For the past fifteen days, the supply of leafy vegetables has been decreasing. Retail prices for bundles of cilantro and fenugreek have soared to fifty rupees. Most leafy greens are experiencing a price hike, and these rates are expected to persist for the next month, said APMC traders.

Enjoyed reading The Bridge Chronicle?
Your support motivates us to do better. Follow us on Facebook, Instagram and Twitter to stay updated with the latest stories.
You can also read on the go with our Android and iOS mobile app.

Related Stories

No stories found.
The Bridge Chronicle