An eightfold surge in tomato prices is making some Indian farmers rich, although their windfall gains may be short-lived due to a likely rise in supplies in the coming weeks. Retail prices of tomatoes were at 178 rupees ($2.20) a kilogram in Delhi on Sunday, a jump of more than…
India Business News: The retail price of tomatoes increased by over 700% since January 1 due to heavy raining impacting supplies and has temporarily prompted households to
Retail prices of tomatoes were at 178 rupees ($2.20) a kilogram in Delhi on Sunday, a jump of more than 700% from Jan. 1, according to data compiled by the food ministry. The national average was almost 120 rupees that day.
An eight-fold surge in tomato prices is making some farmers rich, although their windfall gains may be short-lived due to a likely rise in supplies in the coming weeks.