What has happened to the prices of vegetables suddenly at Koyambedu market in Chennai?
Posted on: 08/Feb/2022 9:11:57 AM
On Monday, the sales of vegetables at the popular Koyambedu wholesale market in Chennai were less than 40% and this despite the reduction in the prices of vegetables by 15%. At Least 7000 tonnes of vegetables were received by this market yesterday and this was as per some traders.
They were unhappy regarding the sales and said that if the sales of the vegetables did not improve then there would be more wastage from the next week onwards. After the first crop cultivation began, the prices of the vegetables decreased by 20% last week.
Mr. P. Sukumaran, treasurer, Koyambedu Wholesale Merchants Association explained that the market now receives around 360 vehicles of vegetables which would lead to further 15% reduction in the rates of vegetables. He was unhappy regarding the sales that have come down drastically at this market. He concluded that just 40% of sales were witnessed in the market.
It is learnt that the Koyambedu market receives 7000 tonnes of vegetables but just 5000 tonnes are required. The vegetables are being sold for even Rs 10 per kilo to avoid wastage. Point is that there would be more wastage of vegetables in the market if the market receives more than 400 truckloads of vegetables and with the same business.
Information is that all the vegetables were sold below Rs 40 per kg except drumstick and drumsticks alone were sold for Rs 130 per kg. Koyambedu market usually receives vegetables from the neighbouring Andhra Pradesh and the market is now expecting the supply from south TN and Mumbai from the next week onwards. The price of onions in this market is Rs 20 to Rs 30 per kg, tomatoes Rs 15 per kg, beans Rs 15 to Rs 20 per kg etc. It must be taken into account that retailers in Chennai also witnessed loss during the weekend.
