Price of tamarind down to Rs. 180 per kg
Posted on: 29/Dec/2017 12:59:13 PM
A large number of tamarind trees are grown in the districts of Dharmapuri, Krishnagiri, and Salem and Tumkur in Karnataka, Indupur in Andhra, and in the state of Maharshtra.
Tamraind is harvested in the above regions during months from February to April every year.
The yield/growth has come down in the above regions,. So, only lower quantities are dispatched to the market. As tamarind is exported to Sri Lanka from the states of Karnataka and Andhra, there was a shortage of stock in the local market and the demand went up. The price of tamarind also shot up.
However, presently, the export to Sri Lanka has come down and subsequently, the price of tamarind in the local market has also come down.
The wholesale tamarind dealers from Salem explained regarding this situation that there is no yield at all currently in the states of Andhra, Karnataka, and Tamil Nadu. As the yield of tamarind went down in Sri Lanka as well, more quantity of tamarind was exported to Sri Lanka. This led to shortage in stock thereby increasing the price of tamarind to unprecedented levels. Last month, tamarind was sold at Rs. 240 per kg.
This is unprecedented in history. Now, the export of tamarind to Sri Lanka is down. So, the price of tamarind which was Rs. 240 per kg, has now come down to Rs. 180 per kg.
A dispatch of fresh tamarind is expected in a month-and-a-half. So, there are prospects of the price of tamarind going down further.
