War jitters push up dry fruit prices
New Delhi, April 4 -- The prices of nuts and dry fruits have surged sharply over the past month, after the war in West Asia disrupted supplies from Iran and tensions between Afghanistan and Pakistan slowed shipments, constraining availability and pushing up costs for Indian buyers. Prices of staples like raisins, dates and pistachios have risen 20-30% on average, with sharper spikes in some categories, show industry estimates. Traders attribute the rise to delayed shipments, higher freight and insurance costs, and restricted trade flows through critical corridors.
The impact is significant because India depends heavily on imports for dry fruits and nuts (DFN), which make up nearly 80% of the country's $8.5 billion market. With domestic prod...
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