Understanding the recent tomato price spike: What lies ahead?
India, March 26 -- Before this, record-high prices were observed in July and August 2023
The price of tomatoes has increased by 19 per cent particularly over the past two months, from January to the first week of March 2024. Prices have reached Rs 50 per kg at retail, exacerbated by weather disruptions. Before this, record-high tomato prices were observed in July and August 2023, when wholesale prices exceeded Rs 100 per kilogramme in some regions while the retail price crossed Rs 200 per kg,
Therefore, it is imperative to analyse the current crop situation and price dynamics. As we look ahead to the coming months, it's necessary to delve deeper into the multitude of factors influencing the pricing dynamics of this indispensable vegetab...
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