India: Indian cold storages for potatoes may run out of space soon
With potato prices stabilising around ₹600-700 per 100 kgs across various agricultural markets in the country, growers are now opting to store the spud in cold storages in view of lower returns.
According to industry officials, this will result in cold storages running out of space soon.
Patit Paban De, former president of West Bengal Cold Storage Association (WBCSA): “Cold storages in Bengal are full as farmers have opted to store potatoes, expecting to get better prices later on.” “Arrivals have flooded markets in various parts of the country such as Gujarat, Bengal, Punjab, Bihar and Uttar Pradesh. Most of the arrivals have been diverted to the cold storages,” said Ashish Guru, Senior Vice-President, Federation of Cold Storage Association of India (FCSAI).
While potato modal prices (rates at which most trades take place) in some markets such as Fatehbad in Uttar Pradesh are ruling at ₹550 per 100 kgs, rates in other markets of the state are fluctuating between ₹540 and ₹630 depending on the daily arrivals.
Thehindubusinessline.com reports that in Bengal, potato prices are ruling between ₹650 and ₹825 per 100 kgs against a minimum support price (MSP) of ₹600 fixed by the State government last month. At retail outlets in Delhi and Mumbai, potato is ruling at ₹15 and ₹30 a kg, respectively, according to Ministry of Consumer Affairs data.
[ ₹100=€1.10 ]
Fuente: https://www.freshplaza.com/article/9303899/indian-cold-storages-for-potatoes-may-run-out-of-space-soon/
