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Boom in tomato prices in India

The price of wholesale tomatoes went up in July this year in Bulgaria, but the real price boom is in India, according to data from the Centre for Agricultural Research in Agriculture (CAPA).
 
Their data on tomato prices in the EU shows a parabolic function that starts at high levels in winter and gradually falls, with the lowest levels being recorded in June and July; then a gradual increase occurs. This year's growth started a month earlier.

According to the survey, there is a real boom in tomato prices in India. Currently, retail prices amount to an average of about 1.2-1.4 dollars/kg; a 150% increase over the past 50 days. Typically, prices in this month of the year stand at about 0.5-0.6 dollars/kg.
 
Meanwhile, according to data from the Turkish Statistical Institute, that country's total vegetable production in 2017 will remain at 2016 levels: about 30.3 million tonnes. Due to the boycott on Qatar from the other Gulf countries, Turkey has seen a 724% increase in fruit and vegetable exports to Qatar between May and mid-June 2017. The majority of these exports consist of tomatoes, with a total value of 246 million dollars of the 380 million dollars of all exports. This has been good for Turkish tomato exports after Russia banned their import.


Source: fermer.bg
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