Print Edition - 2015-06-09 | MONEY
Vegetable prices jump on rebound in demand
Jun 8, 2015-
Vegetable prices have started rising in the Kathmandu valley with a rebound in demand as people who fled after the April 25 earthquake have started returning.
Traders said that prices had jumped up to 76 percent in the wholesale markets like Kalimati, Balkhu, New Baneshwor and Tukucha Bazaar. They added that supplies had fallen in the last few days due to the extremely hot weather and pushed up prices.
“The number of customers has been increasing day by day, but supply has been on the low side as vegetable stocks in many parts of the Tarai and hills have started to rot due to the heat,” said Maya Bhandari, a wholesaler at Kalimati. She added that a lot of vegetables were going to waste daily in the wholesale market itself due to the high temperature.
Officials of the Kalimati Fruits and Vegetables Market Development Board said that the market had been receiving 500-550 tonnes of vegetables daily against 700-750 tonnes in normal times.
Potato, cauliflower, bitter gourd, French bean, ladies’ finger, cabbage and eggplant, among others, have become dearer in the retail market. Prices of these vegetables have soared up to 45 percent in the last one week. However, tomato prices have dropped slightly due to a rise in the supply, said traders. Cauliflower costs Rs65 per kg, up from Rs50 per kg last week. Potato is being sold at Rs33 per kg against Rs28 last week. Onion prices have reached Rs50 per kg from Rs45 earlier. On Monday, squash was being sold at Rs30 per kg, up Rs5, while cabbage cost Rs30 per kg, up Rs10. Carrot prices increased 25 percent to Rs40 per kg. Prices of French bean also rose to
Rs50 from Rs40 per kg before. Similarly, ladies’ finger climbed Rs10 per kg to Rs60 per kg. Bharat Khatiwada, president of the Kalimati Vegetables and Fruits Wholesaler’s Association, said that demand had started swelling from last week. “As schools, colleges, hotels and restaurants started reopening last week, demand for vegetables has also increased significantly,” he said.
Likewise, Shyam Lamichhane, manager of the Balkhu Agriculture, Vegetables and Fruits Market, said that the vegetable market in Kathmandu had returned to business as usual.
Published: 09-06-2015 08:44