Karnataka: Excess rains push up tomato prices by 66%

Excess rains in the key tomato-growing regions of Karnataka have adversely impacted the arrivals in the mandis, pushing up prices. The benchmark mandi prices of tomato at Kolar in Karnataka rose by 66% to Rs1,330 per 100 kgs on Tuesday, week-on-week. Traders say prices are expected to rise further in the coming weeks because of the adverse impact of rains on the crop yield.

The current mandi prices of tomatoes are still 150% more than a year ago. South interior Karnataka consisting of Kolar, Tumakuru, Chikkaballapura, Ramanagara, Mandya and Mysuru districts, which are key vegetable-growing regions have received 69% more rainfall than the normal benchmark – long period average — in this monsoon season.

[ Rs100 = €1.30 ]

Source: financialexpress.com

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