India: Prices of tomato and ginger skyrocket within a fortnight

Published 2023년 6월 6일

Tridge summary

Unseasonal rains in northern India have led to a significant increase in the price of tomatoes, which has risen from ₹40 to around ₹80 per kg. The supply of the spice 'char magaz' from Sudan, a key import source, has decreased due to the ongoing conflict, resulting in a threefold price hike to ₹900 per kg. Ginger prices have also risen from ₹30 to ₹40 per 100 gms due to a strategic move by farmers to recover losses from last year. These price increases are expected to persist until new crops arrive, and the situation is further complicated by high demand from southern India.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Prices of kitchen essentials like tomato and ginger have shot up in the last fortnight. While the recent unseasonal rains have affected the tomato crop in northern India, ginger farmers, on the other hand, are holding back their crop and allowing the prices to surge to recover the losses they had faced last year. (char magaz) has increased threefold as the armed conflict in Sudan, from where it is imported, has brought down the supply. The price of a kg of char magaz is now ruling at ₹900, which was only ₹300 before the Sudan conflict, said Sanjay Sharma, a trader in Delhi. Tomato prices in the retail market have increased to around ₹80 per kg from ₹40 a fortnight ago. Tomato supply to the Azadpur mandi (in Delhi) has dwindled as rains have damaged the crop. Prices will remain firm for some time now, till the new crop arrives, said Ashok Kaushik, president of the Tomato Traders Association at Azadpur market. There is a huge demand for tomatoes from southern India, which too is ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.