Vegetable prices are expected to stabilise with a steady inflow at the Koyambedu market.
What’s it about? Unlike previous years in February, vegetable prices in the city declined due to adequate supply from neighbouring states. The first crop cultivation of the post-northeast monsoon has begun. Usually, February sees a shortage of supply. The delay of the 2022 monsoon impacted production.
- In January, the rates increased slightly, unlike in previous years. In the past week, the Koyambedu market has been getting sufficient supplies.
- The market has been receiving 500-520 vehicles of commodities since last week. Currently, the market sells tomatoes for ₹20-25 per kg. Retail traders in the city thronged the market, but there seemed to be no significant price difference.
Who said what? P Sukumaran of the Koyambedu Wholesale Market Merchants said the first crop cultivation starts after the northeast monsoon ends due to the adequate water supply. He said the current yield would decrease as the second crop is expected to begin in March.