“Potato Prices Set to Rise Further Despite Tomato Relief for Indian Households”
Tomato may have become cheaper, but potato prices will likely continue to pinch Indian households until the new crop comes to the market in December. Erratic rain in Nov, Dec and Feb have also been blamed for the price rise. Reports indicate that output has dwindled in major potato-producing states like Bengal and Uttar Pradesh.
On the contrary, potato traders said prices will firm up further by another 5-10% as untimely rains have affected the tuber crop and because of cold storage owners releasing potatoes in a way so that the stock can meet domestic consumption till the arrival of the new crop. The largest producer of potatoes said, “Once the election is over, there will be state-wide monitoring of the movement of potatoes”.
