Tomato prices are likely to fall further as arrivals are seen improving in the coming weeks, said trade experts.
Vikas Sachdeva, a trade expert, told Business Line that after witnessing a big rally earlier this month tomato prices have started to soften.
“Arrivals were low because there were no local stocks; currently we are getting stocks from Kullu, Ponta and Solan. Local arrivals may start by the end of September or in the first week of October,” said Vikas Sachdeva.
On Sunday, just around 500 crates (of 25 kg each) of different varieties of tomato arrived at the Karnal vegetable market and were quoted between Rs 1,700 and Rs 4,800 a quintal.
Around 900 crates of varieties such as Himsona and Hybrid were received in the markets of Karnal district.
Out of total arrivals, about 10 per cent stock was of low quality; around 30 per cent stock was of medium quality while about 60 per cent of total arrivals were of superior quality.
Prices of superior quality decreased by Rs 400 a quintal and quoted at Rs 4,700-4,800 .
The prices of medium quality produce went down by Rs 300 and quoted at 3,200-3,900 while low quality produce was at Rs 1,700-2,700 , Rs 100 up from previous levels.
On Sunday, not a single crate remained unsold because of low stocks.
According to the market experts, quality of the stock is likely to remain good while prices may fall but the fall will be limited.