India: Steep fall in tomato prices
Tomato is being sold at a paltry price of Rs. 5 per kg in the open market, said to be the lowest ever price in the recent past. Tomato is a major crop in the rain-fed areas in the villages surrounding Thammampatti in the district. The vegetable wholesale markets at Thammampatti have been receiving a large quantities of tomatoes from nearby villages for the past few days. This has led to deep fall in the price of tomatoes.
A 15-kg box of tomatoes which was being sold at Rs. 120 last week, has now been priced at Rs. 70 for the past two days. Due to this, the price of a kg of tomato has come down to Rs. 5 in the open market.
A cross-section of the traders of wholesale mandies in Thammampatti observed that with the commencement of harvest season, the arrival of tomatoes has increased in the recent past.
Moreover, the turmeric farmers have also grown tomatoes as an interim crop and the harvest of the same too is in progress. This has led to the present trend, they say.
Source: thehindu.com