Tomato prices, which had touched ₹100 per kg in June, have dropped by 60% to ₹40 per kg, but the prices of potatoes, the most common vegetable on Indian platters, remain firm, with prices of good quality potatoes rising 2% in July as demand from South India has increased.
According to government figures, inflation for potatoes and tomatoes rose 23.86% and 158.78%, respectively, in June. The tomato inflation is likely to cool off in July due to a significant drop in prices.
Ashok Kaushik, president of the Tomato Traders Association of Azadpur mandi, the largest in Asia: "The unusual heatwave that had impacted the tomato crop across the country isn't there anymore. There have been rains, and production has gone up. Supply is robust from places like Shimla and Kolar, Bagepalli, Chintamani districts of Karnataka, and Madanepalle of Andhra. This brought down prices in July."
[ ₹100 = €1.20 ]
Source: economictimes.indiatimes.com