This February, there has been a reduction in the vegetables prices in the Chennai market. The reason for the downtrend in the veggie prices now is due to the adequate supply from the neighboring states and from Tamil Nadu as crop cultivation began after NE monsoon. From the last week onwards, the Koyambedu wholesale market has been receiving 500 to 520 vehicles of perishable goods. The traders are now hoping that the prices of veggies will be stable till March.
Koyambedu Wholesale Market Merchants Secretary P. Sukumaran expressed his thoughts and spoke about how normally the first crop cultivation would start after the ending of NE monsoon due to enough water supply. Usually in February, the Koyambedu market would witness a reduction in the supply leading to the increase in the prices of the veggies. The delay in the NE monsoon has affected the production also. Unlike the previous years, this January the prices increased slightly. In the last week, the Koyambedu market received enough vegetable supply and this reduced the prices.