Hyderabad: Tomato Prices Soar to ₹100 per Kg Amid Rising Concerns

Date:

Hyderabad residents continue to face soaring tomato prices, with the cost now reaching ₹100 per kilogram.

Within just a week, prices jumped from ₹80 to ₹100 per kg, and traders predict further increases.

Due to this price surge, sales volume has significantly decreased as Hyderabadis opt for other vegetables instead of tomatoes.

The rise in tomato prices in Hyderabad is attributed to a supply-demand mismatch caused by crop damage following heavy rainfall in Telangana and other states. Intermittent rainfall has led to significant crop losses, resulting in a shortage of tomato arrivals in the city.

In response to the price hike, some restaurants and eateries have started reducing the use of tomatoes in their food preparations.

This isn’t the first time tomato prices have surged; previously, prices reached as high as ₹200 per kg.

With the Indian Meteorological Department (IMD) Hyderabad predicting more heavy rainfall in the coming days, it remains to be seen how much further tomato prices will rise.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Rajinikanth’s Coolie Sets the USA on Fire with $350K in Premiere Pre-Sales!

Coolie, the most anticipated film in Kollywood starring Superstar...

Vijay Deverakonda’s Kingdom Begins Strong: USA Premieres Cross $150K in Pre-Sales

Kingdom, the much-awaited action drama starring Vijay Deverakonda and...

Hari Hara Veera Mallu Day 2 Box Office Report: Crashes After a Strong Start

Despite low pre-release buzz, Hari Hara Veera Mallu managed...

Should Hari Hara Veera Mallu Part 2 Happen? Fans Raise Doubts

Hari Hara Veera Mallu has finally hit the big...