Low availability of stocks pushed tomato prices up by Rs 50-200 a quintal for the different varieties, on Sunday.

 Around 700 crates (a crate is 25 kg) of different varieties of tomatoes arrived at the Karnal vegetable market and were quoted at Rs 700-2,200.

Around 1,800 crates of varieties such as Anoop, Himsona, Trishul, Himshikhar and Ahmedabad arrived at the markets of Karnal district.

Vikas Sachdeva, a trade expert, told Business Line, that low arrivals of the stocks mainly pushed tomato prices up.

 Arrivals have failed to pickup and we have to wait for another 3-4 weeks for the arrivals to start in full swing, he added.

 Out of total arrivals, about 30 per cent stocks were of low quality; around 25 per cent medium while about 45 per cent stocks were of superior quality.

 Prices of superior quality increased by Rs 200 and quoted at Rs 1,800-2,200.

Medium quality produce went up by Rs 50 and quoted at 1,100-1,600 while low quality was up Rs 100 at Rs 700-1,000.

On Sunday, not a single crate remained unsold because of low stocks.

 Quality of the stocks has improved marginally over the last few days, said market sources.

Following low arrivals and steady domestic demand, market has been ruling in a tight range.

 Arrivals are likely to remain sluggish in the coming days. 

Traders expect that market may continue to rule around current levels with marginal fluctuation for the next few days, said Vikas Sachdeva.

 

(This article was published on April 7, 2013)
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