๐งพ Key Commodity Price Movements
Commodity | Avg Price (₹/Quintal) | Trend vs. Early April | Notes |
---|---|---|---|
Tinda | ₹1,950 | Stable | Prices ranged between ₹1,000–₹2,500; no significant fluctuations observed. |
Onion | ₹3,000–₹4,250 | Decreasing | Prices declined due to increased arrivals from Rajasthan and government interventions. |
Tomato | ₹1,812 | Slight Increase | Moderate price rise observed; attributed to supply-demand dynamics. |
Bitter Gourd | ₹4,250 | Increasing | Notable price increase; possibly due to reduced supply. |
Bottle Gourd | ₹2,100 | Stable | Prices remained consistent throughout the month. |
⚠️ Price Volatility Alerts
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Onion: Wholesale prices have decreased significantly in Azadpur Mandi, dropping to ₹30–40 per kg from ₹60–65 per kg the previous week. This decline is attributed to the government's imposition of a Minimum Export Price (MEP) of $800 per tonne and increased arrivals from Rajasthan. However, retail prices remain elevated at around ₹78 per kg.
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Bitter Gourd: Prices have shown an upward trend, reaching ₹4,250 per quintal, indicating potential supply constraints or increased demand.
๐ฆ️ Weather Impact Assessment
The India Meteorological Department (IMD) has forecasted heatwave conditions to persist over east and south Peninsular India for the next five days. However, a fresh spell of rainfall accompanied by thunderstorms or lightning and gusty winds is likely over Northwest India, including Delhi, from April 26–28.
Despite the high temperatures, the prices of vegetables and fruits in Delhi have remained stable in April, indicating resilience in supply chains.
๐งฎ Trader Insights & Strategic Outlook
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Commission Charges: Traders at Azadpur Mandi have protested against a Delhi High Court ruling allowing the government to levy a 6% commission from buyers and retailers instead of sellers. This change is expected to increase the prices of vegetables and fruits by 15–20% in the coming days.
Supply Chain Dynamics: The government's intervention in onion exports and increased arrivals from Rajasthan have stabilized onion prices at the wholesale level, though retail prices remain high.
๐ Recommendations for Traders & Analysts
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Monitor Weather Patterns: Stay updated on IMD forecasts, as upcoming rainfall could affect the supply and quality of perishable commodities.
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Assess Commission Impacts: Evaluate the potential cost implications of the new commission structure on procurement and pricing strategies.
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Track Commodity-Specific Trends: Keep a close watch on commodities like bitter gourd and onions, which are exhibiting significant price movements.
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