Wayward and excess rains have resulted in the ongoing spike in vegetable costs, and the fee of tomatoes will remain at improved degrees for 2 greater months, Crisil Research stated
2. Wayward and excess rains have resulted
in the ongoing spike in vegetable prices,
and the price of tomatoes will continue to
be at multiplied ranges for 2 greater
months, Crisil Research stated on Friday.
The situation in Karnataka, one of the
principal tomato developing regions, is so
"grim" that the vegetable is being
despatched from Maharashtra's Nashik, it
said, pointing to on-floor interactions.
Crisil Research said status crops were
damaged because of extra rains in
Karnataka (one hundred and five in
keeping with cent above everyday), Andhra
Pradesh (forty consistent with cent above
regular) and Maharashtra (22 in step with
cent) which are key providers all through
October-December period.
3. Prices have risen 142 in keeping with cent
as on November 25 and could continue to
be elevated for 2 extra months until harvest
from Madhya Pradesh and Rajasthan
starts attaining the markets from January, it
said.
At gift, tomatoes are promoting at Rs forty
seven in line with kg and the fee will
decline through 30 in line with cent once
the clean arrivals start, it delivered.
In the case of onion, the document said
transplanting became delayed within the
key growing regions of Maharashtra due to
deficit rains in August which in flip delayed
arrivals in October, main to a 65 according
to cent boom in onion fees in comparison
with September.
However, in the case of onions, fresh
arrivals from Haryana are expected to start
4. in 10-15 days in order to cool the
expenses.
For potato, any other rabi crop, sowing
season has been hit hard because of
immoderate rains in Uttar Pradesh, West
Bengal, Bihar and Gujarat, it said.
The researchers' on-ground interactions
advise excessive water logging inside the
fields may additionally warrant resowing of
potato tubers, adding to the fee of farmers.
If the heavy rains keep, expenses could be
better for 2 extra months, it stated.
Prices of okra or woman finger will begin
easing within the next three weeks, it said,
adding that heavy rains for the duration of
sowing and early vegetation stage has
been hit in production areas like Andhra
Pradesh and Gujarat.
5. Production of other greens, which includes
capsicum and cucumber, has also been hit,
it said.
"Net-net, any respite in vegetable
expenses in the short-term will be a
characteristic of the way it pours from right
here. Hopefully, as the north-east monsoon
beats a retreat, the worst can be over for
vegetable costs," it said.
