Tridge summary
Shallot growers in Dindigul district, Tamil Nadu, India, are facing challenges for the second year in a row. Last year, unusual rainfall led to losses, and this year, a large supply has dropped the price to nearly rock bottom. The fall in price was attributed to the bringing in of about 250 tons of shallots in one day, which has resulted in a significant drop in price from 60 per kg to around ₹15-₹20 per kg. The situation is expected to persist or worsen as more growers have reported harvesting shallots.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
For the second year in a row it is a bad period for shallot growers in Dindigul district, Tamil Nadu (India). Last year was the unusual rainfall that threw a spanner in the works, this time the large supply has pushed the price almost to the bottom. One grower said: "Just before the harvest, the rain soaked the field and it was not possible to drain the water. As a result, the harvest was ultimately brought in at a loss." In addition to buyers from Kerala and other parts of Tamil Nadu, the shallots from the wholesale market in Dindigul were exported directly to countries such as Singapore, Malaysia, Sri Lanka and Indonesia by some trade exporters. M. Marimuthu, deputy secretary of the association, said that about 250 tons (i.e. 5,000 bags) were brought in in one day, causing the price to fall. At the beginning of February, the shallots ...
Source: Uiennieuws
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