India: Potato prices crash as Uttar Pradesh, Bengal report higher production
Some States plan to procure the spud to prevent fall; average prices currently ₹750-800 a quintal against ₹1,400-Rs 1,600 a year ago
Kolkata, March 8 Potato prices have dropped by nearly 50 per cent currently on a steep rise in the spud’s production across key growing areas. Potato prices are now ruling closer to the cost of production this year.
Currently, the average price is ₹750-Rs 800 a quintal against ₹1,400-1,600 during the same time a year ago. The average cost of production for the farmer ranges between ₹750 and ₹800 a quintal.