In a major stress for farmers in the stock exchange market, tomato costs have tumbled, to slipping underneath the transportation cost from farm to mandis, because of a sharp increment in entries.
Falling costs have goaded farmers more than brokers and customers. With rising information costs like seed, fertilizer, and work, farmers are unwilling to developing tomato next season. Lack of adequate storage and farmers’ financial muscle has compounded their holding influence to offer tomato at cheaper rates.
In the benchmark Pimpalgaon mandi in Nashik area, the great quality tomato was offering at Rs 1.50-2 a kg, which left farmers irritated on its value over transportation from farm to the mandi, as indicated by information by the National Horticulture Research Development Foundation (NHRDF).
Tomato arrivals in Pimpalgaon hopped to set a record for the season at 3,021 tons on Thursday in the stock exchange market, from a minor 5.9 tons in August.
However, export quality tomato keeps on getting premium over the average variety and exchanged at Rs 7.55 a kg in Lasalgaon mandi. With this, the model cost of tomato worked out to Rs 5.75 a kg in the same mandi referred to above. The model cost of tomato in Delhi announced a decline of only 30 percent to exchange at Rs 10.56 a kg on Friday, from Rs 15.89 a kg in August.
Additionally, in Vashi APMC, which feeds customers in Mumbai, normal quality tomato cost has drooped to Rs 4 a kg from Rs 12 a kg. Show costs additionally slipped to Rs 5 a kg on Friday from Rs 13 a kg on August 1.
Buyers, be that as it may, pay Rs 16– 20 a kg for tomato, which is utilized as a vegetable additive. In spite of being an optional vegetable or a supplement, interest for tomato is developing from new and prepared vegetable buyers.
The Ministry of Agriculture, in its Second Advance Estimate, detailed total tomato yield at 22.07 million tons for 2017-18, as against 20.71 million tons in 2016-17 in the stock exchange market, as per the report of Business Standard.
The post In Stock Exchange Market Tomato Prices Fall To Rs 2 Per Kg appeared first on OWLT Market.
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