The end of November has seen the prices of Kashmiri apple drop by Rs 100 to Rs 250 per box in various Indian markets. In part, the drop is due to the cold conditions in north India, flood-like situation after continuous rains in south India and the importation of apple from Turkey, Iran and several European countries.
One trader said he sent a truck load of apple (1000 boxes) to Bangalore 10 days ago, but the seller was able to sell only 600 boxes in all these days due to the ongoing heavy rainfall in the region. Growers said that many of them went for pruning of fruit trees after untimely snowfall in October and left their fruit unsold. Then, once they started selling it, the rates came down sharply.
Source: kashmirreader.com
