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Prices of vegetables increases now itself
Posted on: 19/Mar/2019 10:59:59 AM
It is now the beginning of the summer season. The prices of the vegetables have already shot up. It is known that the Koyambedu wholesale market is the hub of vegetable goods in the city. The monsoon that was expected to bring sufficient amount of rains have failed. This has now resulted in the increase in the prices of the vegetables in the Koyambedu wholesale market.
It was confirmed by the wholesale traders that usually by the middle of March only the prices of vegetables would increase but this time the prices have increased little before because of huge demand for some vegetables. The traders pointed out that building more cold storage facilities would also help in controlling such increase.
The important point is the prices of beans have increased at the Koyambedu wholesale market. On Monday, one kg of beans was sold for Rs 85 to Rs 90. This was shocking because the price of beans that was sold in February was just half the current rate. As per a trader the price of beans was sold for Rs 100 per kg on Sunday.
According to the arrivals and demand, there is always a slight variation in the prices daily and this has been later confirmed by Mr. Chandran who is the president of Koyambedu Licensed Merchants Welfare Association. The yield of vegetables like carrots and chayote has been low and this has shown in the increase in the prices of these vegetables now. After the month of July, the prices would get stabilized.
The demand for seasonal vegetables like cucumber and lemons had also pushed up the costs. The good news is there are few veggies like potato, drumsticks and onions etc that are now available at affordable prices.
Prices of the vegetables have gone 10 percent up than it was in February and this was as per Mr. Sukumar who is the treasurer, Koyambedu Vegetables Fruits and Flowers Merchants Association. The lorry loads arriving the Koyambedu market has been few now due to lack of adequate rains plus poor yields. Many traders were of the view that more cold storage facilities would be highly beneficial.
