Tomato Cultivation : Tomato Prices will Touch Rs. 50/kg for Few Days

Vegetable prices are high as heatwave conditions scorched most parts of the country and traders expect prices to remain volatile, likely affecting consumer inflation this month. Prices of food articles, which have a 14 per cent weight in the wholesale price index, rose 4.23 per cent in April and vegetable prices rose 2.21 per cent.

The situation will change only after the onset of the monsoon. Shriram Gadhave, president of the All India Vegetable Growers Association said that severe heatwave condition across most parts of India has led to dropping of flowers and fruits, thereby impacting production and increasing prices. He said prices will continue to rise over the next few days. He said tomato currently being sold at Rs 20 a kg in wholesale will touch Rs 50-60 a kg in the next few days.

"In retail, prices will be 3-4 times higher. In hot weather, losses to the vendor are higher and hence he will keep prices firm," said Sharma former chairman of the Azadpur Agricultural Produce Marketing Committee in Delhi.


Source: http://economictimes.indiatimes.com

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