Apple prices crash by 50 pc as arrivals from Himachal Pradesh increase

Published 2024년 9월 10일

Tridge summary

Apple prices in India have dropped by almost 50% in just a month due to an increase in supply from Himachal Pradesh and Kashmir, as well as duty-free imports from Afghanistan. The price drop is also attributed to previous losses suffered by companies when apples in cold storage rotted, leading to cautious procurement this year. The large import of apples from Iran and Afghanistan has also impacted domestic prices. The Apple Growers’ Association of India has called for an increase in import duty to protect local farmers.

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Original content

Apple prices have crashed by almost 50% in a month as the arrival of the produce from the higher reaches of Himachal Pradesh has increased, while the harvest of Kashmir apples is about to begin. Duty-free import of apples from Afghanistan, which will increase in a few weeks, will also influence the price trends in the coming weeks, said experts. #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text ...

Source: Economic times