Print Edition - 2014-08-28 | MONEY
Vegetable, fruit prices soar amid festive rush
Aug 27, 2014-
Following the steep upward trajectory of potato and tomato, prices of other vegetables and fruits have jumped 60-70 percent in the course of a week. Cauliflower, bottle gourd, pointed gourd, bitter gourd, snake gourd, French bean, capsicum and ladies finger all have become dearer due to higher demand amid the great Hindu women’s festival of Teej.
Cauliflower, which cost Rs 58-60 per kg a week ago, now costs Rs 75- 80 in the retail market. Cabbage prices have soared to Rs 31 per kg from Rs 23, while ladies finger costs Rs 48 per kg, up from Rs 38 earlier. The price of bitter gourd has increased to Rs 43 per kg from Rs 33 and bottle gourd costs Rs 48 per kg, up from Rs 28. Pointed gourd is being sold at Rs 68 per kg against Rs 43 before while capsicum is being sold at Rs 95, up from 55 earlier.
Wholesale prices of vegetables have doubled in a week. According to the data of the Kalimati Fruit and Vegetables Market Development Board (KFVMDB), prices of snake gourd have doubled to Rs 38 per kg from Rs 19. Bottled gourd soared 82 percent to Rs 42 per kg from Rs 23 while pointed gourd increased 76 percent to Rs 53 per kg from Rs 23 last week.
Binay Shrestha, senior planning officer at the board, said that though supplies had been normal in recent days, prices had gone up due to rising demand created by the Teej festival. “This gap between supply and demand affected prices,” said Shrestha. According to him, about 650 tonnes of fruits and vegetables are arriving in the market daily.
“We are witnessing increased demand for vegetables like potato, cauliflower and pointed gourd, among others, as Hindu women are celebrating the Teej festival by consuming special ‘dar’ food,” said Bharat Khatiwada, a wholesaler at the Kalimati Fruits and Vegetables Market.
He added that incessant rain that affected standing crops in many places had contributed to the price rise.
Similarly, Ujjwal Karki, a potato wholesaler at the Kalimati market, said that reduced supplies from India in the past week and higher prices there led to the rise in potato prices in the country. Wholesale prices of potato range from Rs 42 to Rs 45 per kg in the wholesale market.
Meanwhile, retail and wholesales prices of fruits like mango, cucumber and pineapple also increased by up to 54 percent. Pomegranate increased to Rs 195 per kg from Rs 165 while mango soared to Rs 150 per kg from 97 per kg. Cucumber now costs Rs 58, up from Rs 45 earlier.
Published: 28-08-2014 09:40