Intense heat causes veg prices in Delhi, India to decline by 45%
Data compiled by the government-owned National Horticulture Board (NHB) showed that vegetable’s prices plunged to trade at Rs 10.75 a kg on May 26 from Rs 19.50 a kg on May 12. Bitter gourd prices in Mumbai’s wholesale market plunged 22 per cent to Rs 18 a kg on May 26 from Rs 23 a kg two weeks ago. The data also showed okra prices fell 45 per cent in the Delhi wholesale market over the past two weeks.
Vegetable prices fell in retail markets, too. Bitter gourds became cheaper by 25 per cent and 27 per cent, respectively, in Mumbai and Chennai, according to NHB.
Experts said pre-season stormy rainfall in many parts of the country has prompted farmers to harvest pre-mature crops. Apart from that, intense heat waves in major growing states, including Maharashtra, have reduced moisture and, thereby, the shelf life of vegetables, resulting in more spoilage.
source: business-standard.com
