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Four days after heavy rains:

Vegetable prices drop in Mumbai

Four days of incessant rains have unleashed mayhem in the city Mumbai, but there is some good news as well. Vegetable prices have come down by 20 percent, and if the rain continues, prices are likely to come down even more.

According to the veggie traders at Agriculture Produce Market Committee (APMC), Vashi, the supply of vegetable was regular but there was no demand. "Most of the retailers and small vendors did not turn up at Vashi market because of rain. And those who able to reach, could not transport the vegetable as many roads in Mumbai, Navi Mumbai and Thane were waterlogged. In absence of takers for the veggies in the market, prices have plummeted," said vegetable trader Devidas Pingale.

"People couldn't come out to buy the vegetables. This has further impacted demand of perishables like spinach and fenugreek. Either we have to sell them off or dump it in the backyard," Pingale added.

Source: dnaindia.com

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