Current location:home page > Marketing

Vegetable prices in India shoot up due to fuel price hikes

admin1 weeks ago (05-23)Marketing26
The abrupt rise in the fuel price has hit the Delhi wholesale markets. The potato price has shot up…
The abrupt rise in the fuel price has hit the Delhi wholesale markets. The potato price has shot up from ₹15 to 30 per kg (€0.17-0.35) as the vendors are paying more for the transportation of vegetables coming from neighboring states. 
 
However, the households can currently still find vegetables at a cheaper price because of stocks being available. But as soon as the stocks finish the vendors will start sailing products at a nearly double price.
 
"The transportation cost has increased exponentially and this is affecting the traders. The price of things will increase if the situation persists," said Shivraj Sharma of the Mandi of Okhla. He added that the remaining old stock of vegetables will be finished in some days and after that, they will be forced to sell products at much higher price. "Potato, tomato, onion and ginger prices will rise. Tomato will be around ₹50 to 60 per kg (€0.60-0.70), onions will be ₹50 per kg. Now tomato is around ₹20 per kg and onion is ₹20 per kg too," said Sharma.
 
In Delhi, petrol costs ₹80.87 per liter, diesel goes for ₹72.97 (€0.96 and €0.87). 

The other markets and the vendors also voiced the same concerns. "The poor vendors are worst hit all over India. In Delhi, the wholesale markets are suffering due to the situation. We have requested the transporters do not hike the price much but they also have their own concerns. We always try to keep price affordable but we all have our limitations, because it is a business and we cannot afford a huge loss," Sushil Singh of the Ghazipur Market Association told The Millennium Post.

 

Related articles

Chile's dehydrated plum enters India

A few months ago, at the 10th Dry Plums EXPO, Pedro Pablo Díaz, the president of Chileprunes stresse…

Nestlé U.S. invests in regenerative agriculture practices in DiGiorno wheat supply chain

Nestlé U.S. is investing to help bring regenerative agriculture practices to wheat farms within its…

Tajikistan aims to increase the export of fruits and vegetables

Tajikistan aims to increase the export of agricultural products, with a particular focus on fruits a…

At the time of selling, we don't know how much truth is there in statements reporting a higher deman

Everything points to this campaign being again "an unusual and, according to our customers, difficul…

At the time of selling, we don't know how much truth is there in statements reporting a higher deman

Everything points to this campaign being again "an unusual and, according to our customers, difficul…

At the time of selling, we don't know how much truth is there in statements reporting a higher deman

Everything points to this campaign being again "an unusual and, according to our customers, difficul…