Mango prices crash! Selling at 40 rupees per kg, discover why the prices suddenly dropped.

Rajiv Sharma

Mango prices crash! Selling at 40 rupees per kg, discover why the prices suddenly dropped.

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This year, the price of mangoes has witnessed a significant drop in various parts of India, including Uttar Pradesh. The sharp decline is most pronounced in popular varieties like Dasheri, which have seen prices tumble from ₹60 per kilogram to just ₹40-45 per kilogram. Farmers and traders attribute this sharp decline to bumper production and the early harvesting of mangoes.

Current Mango Price Trends in India

Mango is not just a fruit; it is an integral part of Indian culture. With the current market situation, understanding the price trends is vital for both consumers and sellers.

Price Decline Analysis

Variety Previous Price (₹/kg) Current Price (₹/kg) Price Change (%)
Dasheri 60 40-45 -25 to -33
I’m a Lovely Mango 55 35-40 -27 to -36
Langra 70 50-55 -21 to -29

Factors Influencing the Price Drop

The price decline can be analyzed through multiple factors:

  • Bumper Production: This year has seen an exceptional yield of mangoes, leading to excess supply in the market.
  • Early Harvesting: Many farmers opted to harvest their mangoes earlier than usual, which added to the supply and subsequently lowered prices.
  • Market Demand: While prices have fallen, the consumer demand for mangoes is robust, affecting the dynamics of market pricing.

Impact on Farmers and Traders

The plunge in mango prices has serious ramifications for both farmers and traders. While consumers may benefit from lower prices, many farmers find it challenging to cover their production costs.

Farmers’ Concerns

  • Livelihood Impact: The reduced prices may hinder farmers’ ability to earn a sustainable income.
  • Financial Stress: With crop loans and other expenses to manage, prices below the expected threshold can lead to financial difficulties.

Conclusion

As the mango season progresses, the impact of falling prices will continue to shape the market landscape. While consumers enjoy the drop in prices, the concerns of farmers regarding their livelihoods and financial stability are critical. Stakeholders must work collaboratively to find solutions that ensure fair pricing for producers while still allowing consumers to enjoy this beloved fruit.

Rajiv Sharma

Rajiv Sharma is an experienced news editor with a sharp focus on current affairs and a commitment to delivering accurate news. With a strong educational background and years of on-field reporting, Rajiv ensures that every story is well-researched and presented with clarity. Based in Mumbai, he brings a unique perspective to national and international news.