Veggie prices soar due to hot weather, low supply

- POST REPORT, Kathmandu
Veggie prices soar due to hot weather, low supply

Jun 8, 2014-

Wholesale prices of major vegetables have jumped by up to 100 percent in the Kathmandu valley due to low supply and a hot weather causing the vegetables to perish faster.

Wholesale prices of broccoli rose to Rs 137 per kg from Rs 67, while larger-leaved mustard jumped to Rs 78 per kg from Rs 48 over the last week, according to the Kalimati Fruits and Vegetables Market Development Board (KFVMDB), largest vegetables wholesale market in the valley.

On Sunday, pear squash was sold at Rs 57 per kg (up Rs 10), while green coriander cost Rs 197 per kg, up from Rs 163 per kg. Potato price increased 15 percent to Rs 30 per kg. Big and small tomatoes were sold at Rs 29 and Rs 43 per kg, respectively. Wholesale prices of bottle gourd and brinjal also rose to Rs 32 and Rs 33 per kg from Rs28 and Rs 29, respectively.

While the price of onion rose marginally to Rs 31 per kg from Rs 30 per kg, green chili rose to Rs 45 from Rs 40.

Binay Shrestha, senior planning officer at the board, said hotter weather for the last month led to reduced output, pushing up the prices. The Kalimati market has been receiving 700 tonnes of vegetables daily on an average, against 750- 800 tonnes during normal times.

Bhimsen Bhandari, a wholesaler, said the prices rose due to a short-supply as a result of the hot weather. “We are not receiving vegetables as per the demand,” he said.

A vegetables retailer in Gyaneshwor said the retail price of big and small tomatos increased by Rs 10 per kg over the last week. A kg of big tomato now costs Rs 48 per kg against Rs 38 a week ago. Potato price also increased to Rs 39 from Rs 36 per kg.

However, Shrestha of the board said the market will see a fall in the prices after a few weeks as the rainfall starts and new produce comes to the market.

prices compared

Vegetables         Current price         Price a week ago

Tomato Big         Rs 29 per kg         Rs 22 per kg  

Tomato Small    Rs 43 per kg         Rs 27 per kg

Brinjal Round    Rs 33 per kg         Rs 29 per kg

Broccoli              Rs 137 per kg       Rs 67 per kg

Bottle Gourd      Rs 32 per kg         Rs 28 per kg

Potato Red        Rs 34 per kg         Rs 31 per kg

Potato White     Rs 30 per kg         Rs 26 per kg

(Source: KalimatiFruits and Vegetables Market)

Published: 09-06-2014 09:06

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