Vegetable prices soar in Kathmandu Valley, Nepal

Published Sep 15, 2023

Tridge summary

Due to reduced supply, green vegetable prices in the Kathmandu Valley have sharply risen, with some increasing by as much as 100% in the past month. The increase in wholesale prices can be attributed to various vegetables including cabbage, cauliflower, beans, peppers, bitter melon, and okra. The Indian government's imposition of a 40% tax on onion exports has also influenced rising prices, causing difficulties for consumers in managing the cost of vegetables for daily consumption.

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

Original content

The Emerging Daily reported on September 10: Prices of green vegetables in the Kathmandu Valley have risen sharply in the past few weeks due to reduced supply. According to the price index of the Kalimati Fruit and Vegetable Market Development Committee, vegetable prices have increased by 50% in the past month to 100%. The wholesale prices of cabbage, cauliflower, beans, peppers, bitter melon, and okra have increased significantly. Especially vegetables such as onions, because the Indian government has imposed a 40% tax on onion exports to control market prices and inhibit exports, resulting ...

Source: Foodmate