Income from APMC declined; Customers also disappear

Navi Mumbai: Due to two days of unseasonal rains, the arrival of vegetables in the vegetable market of Mumbai Agricultural Produce Market Committee on Thursday decreased. On the other hand, most of the vegetables were left unattended as consumers did not return. As a result, wholesale prices fell by 20 to 30 percent.

The vegetables are sold in the Mumbai suburbs from the APMC market. However, it has been raining for two days. As a result, not a large number of customers came to the market on Thursday to buy vegetables. As a result, out of 320 vegetable carts, 50 carts were not sold. Being perishable makes it worse if left lying. As a result, income also declined; Consumers also sold vegetables at discounted prices by missing traders. As a result, vegetable prices fell by 20 to 30 per cent. Prices of peas, green chillies, tomatoes, cabbage, cauliflower and capsicum have come down.

Income too low

About 550 to 600 carts of vegetables arrive in the market regularly. 320 trains arrived on Thursday. Rates were expected to rise as incomes declined. However, the price hike was due to buyers refraining from coming to APM.

Due to rains, the supply of vegetables in the market decreased. However, there was a shortage of vegetables as consumers did not come to the market. As a result, rates fell.

Shankar Pingale, Director, Vegetable APMC

The post Falling wholesale prices of vegetables appeared first on Loksatta.

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