Print Edition - 2015-02-21 | MONEY
Vegetable prices drop amid ample supplies
Feb 20, 2015-
Householders in the Kathmandu valley were pleasantly surprised this week as vegetable prices took a tumble. Traders said that prices of most fresh produce had decreased significantly due to improved supplies amid the ongoing vegetable season.
Potatoes, carrot, cauliflower, balsam apple, mushroom and leafy items have become cheaper by up to 42 percent, according to vegetable dealers.
Similarly, fruits like grape, apple, banana, pineapple and orange have became cheaper. Traders said that swelling supplies had led to a fall in prices in the major wholesale markets.
Bharat Khatiwada, president of the Kalimati Fruits and Vegetables Wholesalers’ Association, said that supplies had increased 20 percent during the period due to increased production in the major vegetable growing areas. “We are receiving plenty of supplies from farmers across the country,” he added.
According to an official of the Kalimati Fruits and Vegetables Market Development Board, the market has been receiving 700-750 tonnes of vegetables and fruits from various places like Dhading, Makwanpur, Siraha, Chitwan, Sarlahi and Bhaktapur. Traders said that a fall in prices in India also contributed to the drop in prices in Nepal.
Around 27 percent of Nepal’s vegetable requirement is fulfilled by imports from India. Nepal received 61,878 tonnes of vegetable and fruits from the southern neighbour in the last fiscal year.
Regarding domestic suppliers, Dhading tops the list with 41,252 tonnes of vegetables and fruits shipped to Kalimati last year.
Meanwhile, some fruits like grape, pineapple and orange have become cheaper by up to Rs 33 per kg in the wholesale market over a week. While the price of grape dropped from Rs 120 to Rs 87 per kg, pineapple now costs Rs 85, up from 95 per kg.
Published: 21-02-2015 07:29