The Domestic and Export Market Intelligence Cell (DEMIC) of Tamil Nadu Agricultural University has said that the price of ‘nendran’ banana in Coimbatore market will be priced between Rs. 31 and Rs. 33 a kg in August.
Price is expected to increase to somewhere between Rs. 34 and Rs. 37 a kg in September and reach the maximum price during Onam festival in the same month. Thereafter it is expected to decline to reach between Rs. 33 and Rs. 35 a kg in October.
This forecast has been made by DEMIC on analysing the price of ‘nendran’ banana that prevailed in Coimbatore Farmers’ Shandy for the past 10 years.
‘Nendran’ is planted in April-May and October-November. January to February is the peak season for arrival of ‘Nendran’ banana and July-August faces lean arrivals. This banana is one of the important varieties cultivated in Tamil Nadu. It is mainly grown in Coimbatore, Erode, Tiruchi, and Kanyakumari.
Tamil Nadu produces about 82.53 lakh tonnes from an area of 1.25 lakh hectares, and has the highest production share with 26.47 per cent.