Latest news with #Dasehri
News18
2 days ago
- Business
- News18
Mango Prices Crash Across India! King of Fruits Selling At Rs 40–45/kg Amid Record Harvest
Last Updated: Mango prices have fallen significantly this year. Increased supply and early harvesting due to monsoon predictions are the main reasons Mango prices have plunged by up to a third year-on-year in Uttar Pradesh, the largest mango-producing state in the country, due to a surge in supply, reported growers and traders, according to Economic Times. Prices for the popular Dasehri variety, for example, have fallen to Rs 40–45 per kg from Rs 60 per kg last year. 'This year, the mango production in Uttar Pradesh is estimated to be around 35 lakh metric tonnes, as compared to 25 lakh metric tonnes last year. There was 100% flowering of the mango trees, which indicates that the production will be good," said S Insram Ali, president of the Mango Growers Association of India, in a statement to ET. Ali explained to ET that while higher production was a key factor in the price drop, farmers also harvested mangoes early to prevent damage from the early monsoon, as forecast by the Indian Meteorological Department. The department had predicted higher-than-normal monsoon rainfall in the June-September period. 'It is unlikely that prices will go up in the coming weeks," Ali added, as reported by ET. In southern India, Totapuri mangoes grown in Andhra Pradesh's Tirupati and Chittoor districts have also seen prices fall sharply because mango pulp makers have yet to purchase mangoes from farmers, according to ET. Farmers there also plucked mangoes early in anticipation of the monsoon. 'Pulp factories haven't started procurement as they still have leftover stock from last year," said Sudhir Reddy, a mango trader from Tirupati, speaking to ET. In West Bengal, a leading mango-producing state, prices of high-quality mangoes have also plunged—from Rs 80 to Rs 45–50 per kg. 'Production is good this year. Early plucking by the farmers has also resulted in prices falling," said Prasanta Pal, a mango trader from Kolkata, as per ET. In 2024, global mango production reached 25 million metric tonnes (MT), led by India, which accounted for about half of the world's supply, according to ET. China (3.8 million MT) and Indonesia (3.6 million MT) followed as the second and third largest producers, respectively. Uttar Pradesh contributes about 20% of India's mango output.
Time of India
2 days ago
- Business
- Time of India
Mango prices tumble as record harvest floods markets
Mango prices have plunged up to a third year-on-year in Uttar Pradesh, the largest producer of the fruit in the country, amid increased supply, said growers and traders. Prices of the popular Dasehri variety, for instance, have fallen to Rs 40-45 per kg from Rs 60 per kg a year ago. 'This year the mango production in Uttar Pradesh is estimated to be around 35 lakh metric tonnes, as compared to 25 lakh metric tonnes last year. There was 100% flowering of the mango trees, which indicates that the production will be good,' said S Insram Ali, president of the Mango Growers Association of India. While higher production is one of the reasons for the drop in prices, Ali said the farmers also harvested mangoes early to avoid damage from the early monsoon, as predicted by the Indian Meteorological Department. The weather department had indicated higher than normal monsoon this year in the June-September period. 'It is unlikely that prices will go up in the coming weeks,' Ali said. In southern India, Totapuri mangoes, which are grown in the Tirupati and Chittoor districts of Andhra Pradesh, have seen a drastic fall in prices as mango pulp makers have not purchased mangoes from farmers. The farmers there also plucked the mangoes in anticipation of the early monsoon. Totapuri mango farmers are facing losses this season due to low prices and delayed procurement by pulp factories. Despite being the major growing region for Totapuri, pulp factories in Chittoor and Tirupati have not started procurement. Industry representatives cite unsold pulp from last year as the reason, said Sudhir Reddy, a mango trader from Tirupati. In West Bengal, too, one of the leading mango producing states in the country, prices of mangoes have fallen sharply -- to Rs 45-50 per kg from Rs 80 per kg – for the best quality. 'Production is good this year. Early plucking by the farmers has also resulted in prices falling,' said Prasanta Pal, a mango trader from Kolkata. In 2024, global mango production totalled 25 million metric tonnes (MT), led by India, which accounted for about half the world's supply. China (3.8 million MT) and Indonesia (3.6 million MT) were the second and third largest producers. UP accounts for about 20% of India's mango production.
Time of India
2 days ago
- Business
- Time of India
Mango prices plunge! 'King of fruits' now available at just Rs 40-45 per kg; rates unlikely to go up soon
The decline in mango prices can be attributed to increased production and early harvesting. (AI image) Mango prices in Uttar Pradesh, India's largest producer of the fruit, have decreased by approximately one-third compared to last year due to increased availability, according to growers and traders. The well-known Dasehri variety now sells for Rs 40-45 per kg, down from Rs 60 per kg in the previous year. The decline in prices can be attributed to increased production and early harvesting by farmers who sought to protect their crop from anticipated early monsoon rains. This decision was influenced by the Indian Meteorological Department's forecast of above-normal rainfall during the June-September period. "This year the mango production in Uttar Pradesh is estimated to be around 35 lakh metric tonnes, as compared to 25 lakh metric tonnes last year. There was 100% flowering of the mango trees, which indicates that the production will be good," said S Insram Ali, president of the Mango Growers Association of India, according to an ET report. "It is unlikely that prices will go up in the coming weeks," Ali said. Global mango production reached 25 million metric tonnes (MT) in 2024, with India contributing approximately half of the worldwide output. China and Indonesia followed with 3.8 million MT and 3.6 million MT respectively. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Classic Solitaire , Built for Desktop Play Solitaire Download Undo UP contributes roughly 20% to India's total mango production. Also Read | Forced to destroy! US rejects 15 mango shipments from India, exporters estimate losses of $500,000 In Andhra Pradesh's Tirupati and Chittoor regions, Totapuri mango prices have plummeted as pulp manufacturers have halted purchases from local farmers. The situation worsened when farmers harvested their crop earlier than usual, anticipating the arrival of monsoon rains. The current season has brought significant losses to Totapuri mango cultivators due to reduced market rates and pulp factories' delayed buying in the primary growing areas of Chittoor and Tirupati. According to Sudhir Reddy, a Tirupati-based mango trader, industry officials attribute this to unsold pulp stocks from the previous year. The mango market in West Bengal, a major producer state, has also experienced a sharp decline in prices, with premium quality mangoes now selling at Rs 45-50 per kg, down from Rs 80 per kg. "Production is good this year. Early plucking by the farmers has also resulted in prices falling," said Prasanta Pal, a mango trader from Kolkata. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Economic Times
2 days ago
- Business
- Economic Times
Mango prices tumble as record harvest floods markets
Mango growers and traders in Uttar Pradesh are facing challenges. Mango prices have fallen significantly this year. Increased supply and early harvesting due to monsoon predictions are the main reasons. Totapuri mango farmers in Andhra Pradesh are also experiencing losses. Pulp factories have delayed procurement. West Bengal mango prices have also dropped due to good production and early plucking. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mango prices have plunged up to a third year-on-year in Uttar Pradesh, the largest producer of the fruit in the country, amid increased supply, said growers and traders. Prices of the popular Dasehri variety, for instance, have fallen to Rs 40-45 per kg from Rs 60 per kg a year ago.'This year the mango production in Uttar Pradesh is estimated to be around 35 lakh metric tonnes, as compared to 25 lakh metric tonnes last year. There was 100% flowering of the mango trees, which indicates that the production will be good,' said S Insram Ali, president of the Mango Growers Association of higher production is one of the reasons for the drop in prices, Ali said the farmers also harvested mangoes early to avoid damage from the early monsoon, as predicted by the Indian Meteorological Department. The weather department had indicated higher than normal monsoon this year in the June-September period.'It is unlikely that prices will go up in the coming weeks,' Ali southern India, Totapuri mangoes, which are grown in the Tirupati and Chittoor districts of Andhra Pradesh, have seen a drastic fall in prices as mango pulp makers have not purchased mangoes from farmers. The farmers there also plucked the mangoes in anticipation of the early mango farmers are facing losses this season due to low prices and delayed procurement by pulp factories. Despite being the major growing region for Totapuri, pulp factories in Chittoor and Tirupati have not started procurement. Industry representatives cite unsold pulp from last year as the reason, said Sudhir Reddy, a mango trader from West Bengal, too, one of the leading mango producing states in the country, prices of mangoes have fallen sharply -- to Rs 45-50 per kg from Rs 80 per kg – for the best quality.'Production is good this year. Early plucking by the farmers has also resulted in prices falling,' said Prasanta Pal, a mango trader from 2024, global mango production totalled 25 million metric tonnes (MT), led by India, which accounted for about half the world's supply. China (3.8 million MT) and Indonesia (3.6 million MT) were the second and third largest producers. UP accounts for about 20% of India's mango production.
Time of India
3 days ago
- Business
- Time of India
Mango prices tumble as record harvest floods markets
Mango prices have plunged up to a third year-on-year in Uttar Pradesh, the largest producer of the fruit in the country, amid increased supply, said growers and traders. Prices of the popular Dasehri variety, for instance, have fallen to Rs 40-45 per kg from Rs 60 per kg a year ago. 'This year the mango production in Uttar Pradesh is estimated to be around 35 lakh metric tonnes, as compared to 25 lakh metric tonnes last year. There was 100% flowering of the mango trees, which indicates that the production will be good,' said S Insram Ali, president of the Mango Growers Association of India. While higher production is one of the reasons for the drop in prices, Ali said the farmers also harvested mangoes early to avoid damage from the early monsoon, as predicted by the Indian Meteorological Department. The weather department had indicated higher than normal monsoon this year in the June-September period. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Empresas de São José Dos Pinhais reduzem custos agora [Saiba mais] Sistema TMS embarcador Saiba Mais 'It is unlikely that prices will go up in the coming weeks,' Ali said. In southern India, Totapuri mangoes, which are grown in the Tirupati and Chittoor districts of Andhra Pradesh, have seen a drastic fall in prices as mango pulp makers have not purchased mangoes from farmers. The farmers there also plucked the mangoes in anticipation of the early monsoon. Live Events Totapuri mango farmers are facing losses this season due to low prices and delayed procurement by pulp factories. Despite being the major growing region for Totapuri, pulp factories in Chittoor and Tirupati have not started procurement. Industry representatives cite unsold pulp from last year as the reason, said Sudhir Reddy, a mango trader from Tirupati. In West Bengal, too, one of the leading mango producing states in the country, prices of mangoes have fallen sharply -- to Rs 45-50 per kg from Rs 80 per kg – for the best quality. 'Production is good this year. Early plucking by the farmers has also resulted in prices falling,' said Prasanta Pal, a mango trader from Kolkata. In 2024, global mango production totalled 25 million metric tonnes (MT), led by India, which accounted for about half the world's supply. China (3.8 million MT) and Indonesia (3.6 million MT) were the second and third largest producers. UP accounts for about 20% of India's mango production.
