Madanapalle market sets new trend for Tomato
Tomato price at Madanapalle market continues to be stable while in the neighbouring markets in Anantapur district and Kolar and Bellary of Karnataka it has been on the downslide since November last year.
According to information, the tomato price at Madanapalle market which fell to Rs.7 per kg in November took a sudden jump at Rs.12 on March 18 and 19. On Wednesday (March 28), the price stood at Rs.7.20. However, it jumped to Rs.
p12.80 per kg on Thursday(March 29). Incidentally, the price has plummeted to Rs.2 a kg and even below at several markets in southern States.
Chairman of the Madanapalle tomato market committee R. Gurappa Naidu said since November, the price had not gone down below Rs.5, which was a ‘unique thing’ in the annals of the local market. The peak season would commence with April, with stocks of about 800 tonnes a day reaching the market, as against the current supply of around 200 tonnes, he said.
“We are expecting large-scale exports from April 15, as Madanapalle market will alone remain stable thanks to congenial climate for tomato cultivation in the country. Generally, there will be a high demand for the Madanapalle varieties in the northern States from the start of summer in view of the long shelf life and taste. The demand will continue till July,” he said.
Source: http://www.thehindu.com/
