Nepal: Asparagus price reaches Rs 5,000 per kg in local market due to surging demand amid low supply

Published Jan 18, 2022

Tridge summary

The price of asparagus in Nepal has surged to Rs 5,000 per kg due to a combination of factors including drop in temperature and a surge in COVID-19 cases. This is a significant increase from the price of Rs 800 per kg two months ago and reflects a high demand and low supply situation. Asparagus, which is rich in minerals and vitamins, is essential for sick people and is currently being imported from Kerala, India, and Thailand due to low domestic production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

KATHMANDU, Jan 18: The price of asparagus has hit Rs 5,000 per kg due to a surge in cases of the coronavirus in the winter season. Rama Shrestha, a retailer at Naxal Vegetable Market, said in recent times asparagus has become dearer due to the drop in temperature and an increase in the infection rates of COVID-19. According to her, the vegetable used to cost Rs 800 per kg as early as two months ago. Last time, in November 2020, asparagus cost Rs 5,000 per kg following the impacts of the first wave of the pandemic. The soaring demand amid a low supply has led to an exorbitant rise in the price of the vegetable, according to the Kalimati Fruits and Vegetables Market Development Board (KFVMDB). Binay Shrestha, spokesperson for the KFVMDB, said the wholesale price of the vegetable has crossed Rs 4,000 per kg in the local market. According to ...

Source: Nagariknetwork