Tomato prices will make you see red

July 23, 2014 12:34 am | Updated 12:34 am IST - Bangalore:

That tomato soup or the steaming tomato rasam has just become a little beyond reach.

With the price of a kilogram of tomato hovering around Rs. 80 kg, tomato dishes may well be off the menu in many households in the city.

The wholesale price of tomato is around Rs. 55 to Rs. 60 a kg while the retail price ranges from Rs. 70 to Rs. 80 a kg. The price of tomato in HOPCOMS outlets is Rs. 70 a kg.

The prices have skyrocketed owing to shortage in supply, sources said and pointed out that in June, the price was around Rs. 20 to Rs. 25 per kilo.

Sources said that with rains arriving late in many tomato growing areas, the crops had failed.

The city usually gets around 500 tonnes every day. With crops failing and reduction in yield, the city is now getting just 200 tonnes a day.

Sources added that the city received very little stock from the Nagamangala and Mandya regions. Much of the stock that arrives in Bangalore is from Hoskote, Malur and Kolar areas.

“The tomato crop has failed in many other states as well due to insufficient rainfall. Buyers from Maharashtra, West Bengal and even neighbouring Bangladesh have been purchasing tomatoes directly from farmers in the Kolar market. With huge demand, the wholesale prices in the Kolar market shot up to Rs. 70 a kg on Monday,” the source said.

The price will continue to be in the range of Rs. 70 to Rs. 80 a kg for at least another fortnight.

“It is unlikely that the price will increase further, as it has reached the maximum,” the source added.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.