Nepal: Vegetable prices plunge on abundant supplies

Vegetable prices have taken a dive in the Kathmandu valley as large shipments have been arriving regularly over the last one month. Broccoli, cabbage, cauliflower, cowpea, sword bean, bitter gourd, bottle gourd and leafy vegetables all have become cheaper by up to 67 percent compared to a month ago.

Broccoli prices at the Kalimati Wholesale Market have dropped to Rs 43 per kg from Rs 67 two weeks ago. Similarly, cowpea now costs Rs 30 per kg compared to Rs 77 before. Carrot has plunged to Rs 43 per kg from Rs 67.

Cauliflower, which cost Rs 31 per kg wholesale two weeks ago, now costs Rs 24 per kg. Cabbage dropped to Rs 13 per kg from Rs 19 per kg last week, while sword bean costs Rs 45 per kg, down from Rs 68 earlier. Potato has decreased to Rs 33 per kg from Rs 46 and green pea costs Rs 58 per kg, down from Rs 76.

Traders said that prices had fallen due to an improvement in supply in the major wholesale markets of the valley. The main wholesale markets saw a significant rise in supply as vegetable production soars during the winter. “Shipments at the Kalimati Fruits and Vegetables Market have jumped 15-20 percent with the start of the vegetable season, but consumption has been on the lower side due to the cold weather,” said Bharat Khatiwada, president of the Kalimati Fruits and Vegetables Wholesaler’s Association.

Similarly, retail prices of broccoli have dropped to Rs 60-65 per kg from Rs 95-100 per kg. Cowpea fell to Rs 65-70 per kg from Rs 90 per kg, small tomato to Rs 38 per kg from Rs 45 per kg, cabbage to Rs 28-30 per kg from Rs 33-35 and sword bean to Rs 80-85 from Rs 110 per kg. Broad leaf mustard, which cost Rs 55 per kg retail two weeks ago, now sells for Rs 18-20 while cress leaf has dropped to Rs 70 per kg.

Source: ekantipur.com

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