Indore is experiencing a significant rise in tomato prices, with retail costs soaring above Rs 120 per kilogram, according to traders at the city’s Choithram market. Mohammad Salim Chaudhary, a trader at Devi Ahilyabai Holkar Choithram Mandi, reported that tomatoes are primarily sourced from Maharashtra, but a low supply has driven wholesale prices between Rs 60 and Rs 80 per kilogram.
Impact of Weather on Supply
Chaudhary explained that heavy rainfall in Madhya Pradesh has damaged tomato crops, leading to reduced production and escalating prices. “Initially, tomatoes were available for Rs 40 to Rs 50 per kilogram in Chauthram Mandi, but prices gradually climbed to Rs 60, and now wholesale prices have reached Rs 80. Retail prices have now soared to Rs 120 per kilogram,” he noted.
Continued Price Increases Expected
The trader further emphasized that the low supply of goods is contributing to the rising prices. He warned that if conditions do not improve for tomato crops in Madhya Pradesh, prices may continue to climb.
Onion prices have also surged, with high-quality onions arriving from Nashik, Maharashtra, now selling for Rs 50 to Rs 60 per kilogram. Previously, onions were priced at Rs 15 per kilogram but have risen to Rs 40 in the wholesale market and are being sold at Rs 60 to Rs 80 in retail outlets.
Retailers have reported that consumers are adjusting their purchasing habits due to the steep prices. Many who once bought 2 kilograms of tomatoes are now managing with only half a kilogram. The increase in tomato prices is also impacting sales during the ongoing festive season, as shoppers become more cautious with their spending.