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Spike in prices of essential commodities

The Tribune - 3/28/2020 1:58:00 AM
The chains, also providing bills, are selling the commodities at high prices. Onions are being sold at Rs 66 per kg, ginger at Rs 225 per kg, oranges at Rs 100 per kg and bananas at Rs 120 per dozen. Meanwhile, a retail chain owner, based at Leela Bhawan, said they were providing the commodities at controlled rates. Ravi Inder Singh ...

Steps being taken to control overpricing in Kozhikode

The Hindu - 3/29/2020 6:23:00 PM
And, the merchants had agreed to submit the wholesale price list of commodities every morning to the corporation ... The department has instructed merchants not to charge more than ₹30 per kg for banana, ₹60 for green chillies and ₹38 for Kuruva ...

Coronavirus: UAE shoppers notice hike in fruit and veg prices

Gulf News - 3/25/2020 10:11:00 AM
Bananas from Philippines are Dh6.50 per kilo, last week they were only Dh5 Image Credit: Angel Tesorero, Gulf News “I questioned the grocery manager about the price rise and he admitted the wholesale prices have increased,” Paravoor said. Another resident of the capital, Sanjay Kumar said that the prices of different commodities have increa ...

Spurt in prices of veggies

The Tribune - 3/24/2020 3:32:00 AM
However, the commodities were available at higher prices. The prices of apples touched Rs 200 per ... while onions were being sold at Rs 70 per kg. Bananas were being sold at Rs 80. A vegetable vendor near the vacant vegetable market in the city said ...

TN’s transportation lockdown pushes farmers of perishable items into losses

Yahoo! News - 3/30/2020 12:09:00 AM
“The lockdown has restricted the movement severely. But even if one or two traders do manage to come out, they are paying us dirt cheap prices for the produce. For example, we are forced to sell the bananas for Rs 10 per kilogram, while the cost of production itself is around Rs 15 per kilogram,” he explains. Farmers like Sivasooriyan still ...

Long lines at checkpoints causing bananas to spoil

Sun Star - 3/19/2020 12:52:00 PM
In February, the association reported that export in China has normalized after it dwindled due to Covid-19 and caused a slump in the prices to US$ ... top agricultural export commodity by 39.7 percent in 2019 with total fresh banana exports valued at ...

Veggies, fruit prices skyrocket in Lucknow

Hindustan Times - 3/26/2020 5:09:00 PM
HT Correspondentletters@htlive.comLucknow Two days into lockdown in view of the COVID-19 outbreak and the prices of vegetables and fruits have skyrocketed here in the

Indian agri export business hit hard by outbreak in European Union, West Asia

Mint - 3/20/2020 6:19:00 PM
This, despite the fact that food products were essential commodities for the importing countries ... which supplies fresh bananas to West Asia. For instance, banana prices at the farms in Maharashtra and Andhra Pradesh have fallen by 30% within two ...

Govt cautions Rwandans against food stockpiling

The New Times on MSN.com - 3/23/2020 12:00:00 AM
Prof. Anastase Shyaka. File The Ministry of Trade and Industry has set maximum quantities of foodstuff that a buyer should not exceed in a bid to prevent people from accumulating large stocks of food.

Column: Epidemics, OPECs, three-way collars, and possibly light at the end of the tunnel

BOE Report - 3/17/2020 2:50:00 PM
A woman next aisle over piled what looked like about 30 pounds of bananas onto the belt. Another had about ten cans of olives ... A further derivative of financial hedges is to use options, that is, the right to buy or sell a commodity at a set price for a period of time. Three-way-collars involve options. A simpler version is called a collar ...