In Hyderabad, tomatoes are now costlier than mangoes; the price of the vegetable has breached Rs. 100 per kilogram in the retail market. Overall, the cost of tomatoes in the city is in the range of Rs. 90-110 per kilogram in the retail market, whereas mangoes are being sold for Rs. 50-80 per kilogram.
In the first week of April, tomato prices in the city were between Rs. 10 and Rs. 12 per kilogram. It reached Rs. 50 to Rs. 60 a kilogram in the first week of May. One of the reasons behind the spike in tomato prices in Hyderabad is the supply-demand mismatch. The summer season is also responsible for the hike in prices. During the summer season, especially in May, the supply of tomatoes from the farms within the state decreases due to crop damage. At present, around 60 percent of Hyderabad’s tomato demand is being catered for by the supply of the vegetable from other states.
It is expected that the tomato prices in Hyderabad will come down by mid-June.
[ Rs. 100 = €1.20 ]
Source: siasat.com