Specials more

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Demand by chips makers is up

Potato prices down in Indore

This season potato prices in Indore's Choithram market have plunged to Rs 7-10 per kg much lower than the cost of cultivation at Rs 12-13 per kg, traders at the Choithram market said.

A drop in potato prices has lifted offtake by local chips manufacturing units, looking to increase procurement this season following better availability and lower prices. March-April is the main period for procuring chips quality potato by chips manufacturing units.

A potato trader from Choithram mandi said: "Enquiries from chips manufacturers have gone up sharply because prices are trading low and availability of potato is very good in the spot market. Last week I supplied 3 truckloads of supplies to local chips manufacturers."

In the Choithram market, daily arrival of potato have jumped close to 30,000 55- to 60-kg bags with supplies coming from Uttar Pradesh, Punjab, West Bengal and Punjab. Kailash Pawat, a supplier of potatoes to chips manufacturing units in Indore said: "Companies are demanding more potatoes this season because prices are low and demand for chips is growing year-on-year. So far I have supplied to 5 units."

[ Rs 100 = €1.10 ]


Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.

Click here for a guide on disabling your adblocker.