Fenugreek and Coriander Prices Surge In Pune Markets 

Leafy vegetables experience a price hike in Pune due to shortage in supply.

3 June 2024

By Khushi Maheshwari 

The costs of green vegetables, such as fenugreek and coriander, have significantly increased in Pune markets recently. A decline in supply combined with constant demand is the likely cause of this price surge, which presents difficulties for merchants as well as customers.

A vegetable vendor on Salunke Vihar road commented that rainfall and decline in supply has resulted in surge. Coriander is priced at Rs 60 while Fenugreek is priced at Rs 30 to 35.

A reduction in supply causes prices to rise.

There has been a noticeable decline in the supply of leafy vegetables relative to demand, according to market yard traders. 30,000 pairs of fenugreek and 80,000 pairs of coriander were delivered to the market yard’s vegetable section on Sunday alone from the Latur and Nashik regions. But this amount isn’t enough to fulfil the increasing demand, which drives up costs.

Effect on Availability and Prices

This mismatch is reflected in the retail market, with fenugreek costing between Rs. 30 and 40 each pair and a bundle of coriander currently selling for between Rs. 50 and 60. Onion costs, like those of other leafy vegetables, have also increased significantly by 30 to 40 percent. Good grade green vegetables are in great demand and fetch even higher rates, despite their high cost.

Issues with Quality and Difficulties in Cultivation

The deteriorated quality of the green vegetables that are being sold is one of the fundamental causes of the price increase. Owing to insufficient water, farming has been difficult. A scarcity of water has negatively impacted crops, leading to tainted and inferior produce. This increases the difficulties experienced by traders and consumers and widens the gap between supply and demand.

Prospects for the Future

Prominent leafy vegetable merchant Rajendra Suryavanshi believes that the price increase of leafy vegetables will last for a minimum of one month. It is anticipated that cultivation would progressively improve with the arrival of the monsoon, although this process will take time. Customers might have to deal with increased costs and restricted availability in the market till then.

Prices of leafy green vegetables like spinach, radish, amaranth, chuka and chawlai have also increased in the wholesale market. The price range of Rs. 400 to Rs. 2000 reflects the general dynamics of the market as well as the difficulties faced by traders in supplying high-quality produce on a consistent basis.