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Tomato prices drop to Rs4 per kg due to supply crunch

Amid a supply crunch, prices of tomato in most Indian producing states have dropped to Rs 4 per kg. Furthermore, as per the data monitored by the federal government, prices of tomato in 23 growing centres have halved from the year-ago period or are below three-year seasonal average.

At present, tomato crop of the early kharif season of the 2021-22 is being harvested. The tomato prices in Dewas in Madhya Pradesh - the country's top tomato producing state - tumbled to Rs 8 per kg on August 28 from Rs 11 in the same period last year. Likewise, wholesale prices in Jalgoan in Maharashtra fell by a huge 80% to Rs 4 per kg on August 28.

Goodreturns.in quoted National Horticultural Research and Development Foundation (NHRDF) Acting Director P.K. Gupta as saying: "Prices have come under pressure in key growing states because of the supply glut. The tomato crop has been good owing to favorable weather."

Gupta is of the view that tomato production shall improve from the early kharif season and if food companies come to their rescue farmers will be saved further from falling prices. Undoubtedly, fair weather conditions have boosted the production of the crop.

 

[ Rs100 = €1.20 ]


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