SME Times is powered by   
Search News
Just in:   • Rs 750 crore ‘AgriSURE Fund’ to empower startups, boost rural economy  • Singapore's CapitaLand to double its India investment to Rs 90,280 crore by 2028  • India's fintech startups grow fivefold in last three years  • Fintech Firms to the rescue of MSMEs  • Centre urges state govts to include marginalised workers under PM housing scheme 
Last updated: 31 Jul, 2023  

Tomato.9.Thmb.jpg Tomato price touches Rs 200/kg in TN as rain hits crop in K'taka, Andhra

Tomato.9.jpg
   Top Stories
» Rs 750 crore ‘AgriSURE Fund’ to empower startups, boost rural economy
» India's fintech startups grow fivefold in last three years
» Favourable monsoon boosts paddy sowing beyond normal levels this year
» India’s manufacturing growth eases in August, stays above long-run average
» Aim to democratise telecom services under ‘Digital Bharat Nidhi’ initiative: Centre
IANS | 31 Jul, 2023
There seems to be no respite for the people from the rising prices of tomatoes in Tamil Nadu as the wholesale price of the vegetable touched Rs 200 per kilogram in the state capital and many towns on Sunday.

The shortage of the product in the Koyambedu wholesale market in Chennai has led to the spiraling price rise of tomatoes.

P.V. Ahmad, a wholesale vegetable dealer in Koyambedu market while speaking to IANS said, “There is a shortage in the arrival of tomatoes from Karnataka and Andhra Pradesh due to the heavy losses in crop due to intermittent rain in these states. Heavy rain has led to a total loss of crops and hence the shortage in the arrival of tomatoes. This has led to the hike in prices of tomatoes in the market.”

Traders also said that the price is likely to rise into Rs 250 / kg in a week's time

P. Sukumaran, secretary of the Koyambedu Wholesale Merchants Association, while speaking to IANS said, "This is the first time since the opening of this market that the price of tomatoes has touched Rs 200 per kilogram. This is unprecedented.

"We were expecting the rates to get steady by July 20 but sudden rain has led to the loss of crops and more than 50 per cent of tomatoes cultivated in Andhra and Karnataka have been lost due to the rain.”

While the wholesale market was selling tomatoes at Rs 200 per kilogram, in certain retail shops, tomatoes were sold at Rs 185 per kilogram.

Kuppusaamy, a vegetable seller in Pammal, Chennai told IANS, “We are selling tomatoes at less than the rates that we buy as we want to avoid wastage.”

The sale volume has also decreased drastically and people are not buying tomatoes and instead focusing on other vegetables.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
91.00
87.90
Japanese Yen 54.30 52.70
As on 16 Aug, 2024
  Daily Poll
Do you think the current political turmoil in Bangladesh will benefit Indian exporters?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter