Tomato prices crash in India after heavy rains

Tomato prices across Maharashtra, India, have dropped sharply since Ganeshotsav — a 10-day Hindu festival marking mid-September — with wholesale rates at ₹10–₹16 ($0.12–$0.19) per kilo in the Agricultural Produce Market Committee (APMC) market in Vashi, and retail prices between ₹20 and ₹40 ($0.24–$0.48) per kilo in markets across Mumbai, Pune, and Nashik.

Continuous heavy rains have damaged crops in major growing regions like Solapur, Pune, Nashik, Narayangaon, and Junnar, leading to poor quality and oversupply. Farmers say it now costs more to harvest and transport the produce than they can earn from sales.

Just a month ago, prices were ₹60–₹80 ($0.72–$0.96) per kilo — but they’ve now fallen by half. Experts warn the next few weeks may bring a shortage, as rain delays have pushed back new planting.

Meanwhile, consumers see little benefit, with retailers keeping prices high despite cheaper wholesale rates. Traders have urged the government to monitor retail pricing and support both farmers and buyers during the crisis.

source: timesofindia.indiatimes.com

photo: business-standard.com