Rice and vegetable prices drop
By L.S. Ananda WEDAARACHCHI
The prices of rice and vegetables will continue to decrease in the
near future a ccording to a spokesman for the Hector Kobbekaduwa
Agrarian Research and Training Institute in Colombo. The lowest prices
of rice and vegetables during the current year were reported last week.
Samba, Nadu, Raw red, and Raw white rice prices were lower than their
previous year corresponding period prices by Rs. 15 per kilo.
HKARTI Deputy Director General - Research Dr. L. P. Rupasena said
that this is a free flow of rice to the market from the producing areas
due to the removal of road blocks, good weather and the bumper harvests
which has its impact on the price drops.The vegetable prices tend to
decline during July-November every year due to the influx of large
stocks from Hanguranketha, Marassana, Rikillagaskada, Dambulla, Nuwara
Eliya and Welimada.
Trade Ministry Senior Official said that a system to eliminate the
role of the middle men from the vegetable trade would be introduced
soon.
He said that the vegetable prices could in fact be reduced by even 50
per cent in the absence of the middlemen. The retail prices of some
vegetables are 100 per cent higher than the farmgate prices, he said.
While farmgate price of a kilo of Tomato was Rs. 54, the wholesale
and retail prices amounted to Rs. 67 and Rs. 112 respectively, he
said.Cooperative and Internal Trade Minister Johnston Fernando during a
surprise visit to Dambulla Economic centre last week enquired from the
traders about the problems they face and agreed to remedy them soon.
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Upcountry vegetables in plenty |
Brinjals, the cheapest at present |
Bitter gourd in abundance |
Measures were taken last week to arrest the trend of escalating
chicken and fish prices. Minister Fernando, called upon the poultry farm
owners association to ensure the flow of sufficient supplies to the
market.
In the event of the failure on the part of the poultry farmers, the
government would be constrained to import chicken from Bazil to meet the
shortage in the domestic market, he said. According to the latest HKARTI
Bulletin the fish supply in the market has declined due to the rough
seas in Southern coastal belt during the last month. The fish supplies
in the North too declined.
Fisheries Ministry spokesman said that the Fisheries Corporation
marketing network was strengthened last month. Fish sales counters were
opened at 143 'Sathosa' branches and Fisheries Corporation Sales centres
were also increased to 52, he said.
Fisheries Corporation prices which were reduced by 35 percent had its
Salutary impact on the private sector fish price, he said. Prices of
local, Nuwara Eliya, Welimada and imported potatoes have decreased due
to the increasing supplies from upcountry.
The lowest prices range between Rs. 50 - Rs. 60 a Kg for imported
potatoes and the highest prices range between Rs. 100 - Rs. 110 per Kg
for Nuwara Eliya and Welimada potatoes were reported recently. The
prices of Vedalan and imported big onion have also decreased due to the
availability of sufficient stocks and low wholesale prices. |