23 September 2022, Bhopal: The wholesale price of garlic in the current week from 16 September to 23 September has been reported as the lowest in the last three weeks in September. The average wholesale price of this week (16-23 September) in Madhya Pradesh was around 1452.69 per quintal. The average price in the week 9-16 September was 1605.0 per quintal and in the first week of September 2022, the average was 1492.47 per quintal. You will be surprised to know that from 16 to 23 September last year, the price of garlic per quintal was 4028.91 per quintal. The current price of garlic is more than 60% lower than last year. The table below will help you understand the trend of the last three weeks.
Rates of Garlic for the first three weeks in September
|State||Prices 16-23 Sep 2022||Prices 09-15 Sep 2022||Prices 01-08 Sep 2022||Prices 16-23 Sep 2021||% Change(Over Previous Week)||% Change(Over Previous to Previous Week)||% Change(Over Previous Year)|
The month of September is becoming difficult for onion, tomato, garlic and other vegetable farmers. Rain at various places is affecting the harvesting schedule of crops. Although there has not been an exponential increase in the quantity being bought in the market, the prices have remained low.
The farmers may be selling all their produce at the lowest rates in the mandis, but the consumers in the market are buying the same produce at least 3 to 4 times more than the purchase cost.
Garlic is being sold in the urban market at around Rs 94.78 per kg, which is more than 500 times the purchase price from farmers. The maximum profit is being absorbed by the supply chain from mandis to urban markets in rural areas. Traders, transporters and vendors of fruits and vegetables are the major beneficiaries in urban markets.
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