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India: Cost of Alphonso mangoes drops in 2012

The Agriculture Produce Market Committee (APMC) market received its first yield of Alphonso mangoes last week. Each carton was sold for a whopping Rs 10,000 each, which is 10 times the price a carton fetches in peak season (March to June).

This doesn't imply that you will spend an exorbitant amount to eat Alphonso mangoes this year. "The first yield of mangoes costs a lot because gifting Alphonso mangoes, especially when there is no supply in the market, is a trend. The rates will go down in February as the supply becomes regular," said Vijay Dhobale, a mango grower.

"Last year, mangoes were priced between Rs1,000 to 1,500 per carton in May. This year, mangoes will cost between Rs 900 to 1,200 per carton," Dhobale said. Experts believe that the nip in the air will lead to a good yield, but warn against a drop in quality if the temperature does not rise in the next few days.

Source: www.mid-day.com
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