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Reasons why Vegetable prices in wholesale, retail markets have risen

Reasons why the Vegetable prices in wholesale and retail markets have risen2

A few but main reasons why the Vegetable prices in the wholesale and retail markets of the National capital, Delhi have risen. The traders have indicated that if the current situation continues, these commodities may become more expensive in the coming weeks.

Vegetable prices in Delhi‘s wholesale and retail markets have risen due to crop damage in Karnataka and Maharashtra caused by heavy rains and high fuel prices, vegetable traders said on Tuesday. According to them, the price increase in the wholesale market was between ₹10 and ₹ 15 per kg, while it was around ₹15-20 per kg in the retail market.

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Vegetable traders indicated that if the current situation persists, these commodities may become more expensive in the coming weeks. According to Ramesh Sahu, a vegetable trader in Laxmi Nagar, tomato and onion prices have risen.

‘Tomato prices now range between ₹ 50 and ₹ 55 per kg, up from around ₹ 40 per kg previously. Similarly, onion prices have risen and are now around ₹ 50 per kg, up from around ₹ 35-40 per kg previously’ Sahu stated. He explained that it was due to an increase in wholesale prices.

Monu Paswan, a vegetable seller in Greater Kailash-1, said good-quality tomatoes cost ₹ 55-60 per kg, while onions cost around ₹ 50-55 per kg.

‘Rates have risen in the last week due to a lack of supply. We are buying vegetables at higher prices in wholesale markets, and the effect is being felt in retail markets as well’ Paswan said.

According to SP, Gupta, who is the Ghazipur Wholesale Vegetable and Fruit Market, chairman, the wholesale prices of staple vegetables such as tomato and onion have increased by about ₹ 10-15 per kg due to a lack of supply.

According to him, the majority of the onion and tomatoes in the national capital come from Maharashtra, Madhya Pradesh, and Karnataka.

‘Onion and tomato crops in Karnataka and Maharashtra were damaged due to heavy rains.’ As a result of the decrease in supply, rates have risen.’Right now, the wholesale price of onion is around ₹ 40 per kg, while tomato is ₹ 900 per crate weighing 25 kg,’ Gupta told.

He went on to say that at the Ghazipur mandi, wholesale onion prices used to be around ₹ 20-25 per kg. In the same way, the wholesale tomato prices used to be in the range of ₹ 16-20 per kg, but are now ₹ 35-36 per kg, he said.

Gupta went on to say that at the moment, onion is primarily supplied in Delhi from Indore. Haji Yamin, a wholesale trader in Okhla Mandi, said tomato and onion prices have risen by about ₹ 20 per kg.

He claimed that previously, wholesale onion prices in Okhla Mandi were around ₹ 20 per kg, but that this has now been doubled.

Mohammad Ibrar, another trader at Okhla Mandi, stated that the situation with tomatoes is similar, as they are now sold at a wholesale price of ₹ 30-40 per kg, up from ₹ 15-20 per kg previously.

Traders also stated that in addition to rains in southern Indian states, the rise in fuel prices was making vegetables more expensive due to increased transportation costs.

Yamin stated that crops in southern Indian states were damaged as a result of rains, so prices for those items have risen here. However, this is not the only reason for the current state of affairs.

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‘The cost of transporting vegetables has risen due to rising fuel prices, particularly diesel. So, in addition to the supply shortage, the increased transportation costs are now having an effect on the price of vegetables in both wholesale and retail markets’ He stated.

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