22 March,2014 08:07 AM IST | | Richa Pinto
As the fruit ripens faster due to heat, more crates enter APMC market, thus bringing down its price
The season to indulge in mangoes is here. According to mango traders, the king of fruits is entering the market in abundance. In fact, the number of mango boxes has almost doubled in the last one week.
About 15,000 crates of mangoes are entering the APMC market, bringing down the price of the fruit. Traders claim that the increase in temperature has helped shorten the ripening period of the fruit, allowing a large produce to enter the market. Representation pic
At present, there are about 15,000 crates coming into the Agricultural Produce and Marketing Committee (APMC) of Vashi.
The increase in supply is good news for customers, as it has brought down the price. Traders claim that the increase in temperatures has helped shorten the ripening period of the fruit, allowing a large produce to enter the market.
However, the fall in price was unexpected, as the season began late this year. Mangesh Sawant, a mango trader said, "Farmers are not too happy with the reduction in price.
Since these are perishable items and we cannot keep them for long, we have to settle at the rate we get. Another reason is that while the supply has increased, the demand of peak season isn't here yet."
