Oversupply of tomatoes causes price drop and losses for Bangladesh producers
Published 2023년 2월 21일
Tridge summary
Bangladeshi tomato producers are facing losses due to an oversupply in the local markets, leading to rock-bottom prices of Tk 2 per kg ($0.02). This is in contrast to the retail price of Tk 30 per kg ($0.28). The situation arises due to inefficient systems and uniform planting patterns in the southwest Khulna division. Producers are struggling to cover transport and input costs, and in some cases, they are giving away the tomatoes for free and using some for cattle feed. Local experts recommend that producers diversify their crops to prevent such oversupply and financial losses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Tomato producers in Bangladesh face losses due to an oversupply of the crop on local markets, which is typical for this time of the year. Due to this, they have to sell the tomatoes for Tk 2 per kg ($0.02) while it retails for Tk 30 per kg ($0.28). Producers in the southwest division of Khulna, Bangladesh, do not have efficient systems and all plant at the same time, causing the oversupply, local experts say. They advise producers to diversify their crops to share information to avoid this situation. ...
Source: Hortidaily
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