Print Edition - 2015-01-29 | MONEY
Veggie prices plunge on higher supplies
Jan 28, 2015-
Wholesale prices of most vegetables have dropped sharply in the Kathmandu valley over the week due to increased supplies. Selling rates at the Kalimati Fruits and Vegetables Market, one of the largest wholesale markets in the valley, have plunged by as much as 55 percent.
Wholesale prices of cabbage have dropped to Rs 12 from Rs 18 a week ago. Tomato, which was sold at Rs 45 per kg two weeks ago, now costs Rs 28 per kg.
Similarly, the price of potato has slipped to Rs 19 per kg from Rs 28 last week.
Onion now costs Rs 35 per kg, down from Rs 39 per kg a week ago. The price of cauliflower fell to Rs 18 from Rs 28 while radish has come down to Rs 15 per kg from Rs 19 per kg.
Egg plant has dropped to Rs 43 per kg from Rs 50 while green pea costs Rs 53 per kg compared to Rs 63 per kg before. Squash is being sold at Rs 12 per kg, down from Rs 18 per kg. The price of balsam apple has also dropped 55 percent. The vegetable now costs Rs 35 per kg against Rs 78 per kg previously in the wholesale market.
Bharat Khatiwada, president of the Kalimati Fruits and Vegetables Wholesalers Association, said, “With increased output in many areas, farmers have been shipping ample supplies, leading to a fall in prices.”
The valley receives vegetables from Dhading, Kavre, Bhaktapur, Chitwan and Siraha, among other districts. According to officials of the Kalimati Fruits and Vegetables Market Development Board, the market has been receiving an average of 550-600 tonnes of vegetables daily.
However, prices of ladies finger, bitter gourd and tofu (bean curd) have surged over a week due to reduced shipments from India. Ladies finger has become costlier by 139 percent to Rs 187 per kg over a week. Bitter gourd costs Rs 170 per kg, up from Rs 78. Tofu costs Rs 77 per kg against Rs 65 a week ago. “We have to depend on India for these off-season vegetables as we don’t have storage facilities in Nepal,” said Khatiwada.
Published: 29-01-2015 09:32