Vijayawada, May 4: Mango prices crash in Andhra Pradesh has dealt a severe blow to farmers, while consumers benefit from sharply reduced fruit rates.
Totapuri mango prices dropped from Rs 1.10 lakh per tonne in February to Rs 4000 to Rs 7000 now. Likewise, premium Banganapalli mango prices fell from Rs 1.75 lakh to Rs 50000 to Rs 60000 per tonne.
The sharp fall is linked to multiple factors. Exports have stalled, reportedly due to disruptions in the Strait of Hormuz. In addition, diesel shortages and trader syndicates have affected market flow.
As a result, mango stocks have surged in local markets. Therefore, consumers are now able to buy mangoes at much lower prices.
Mango prices crash in Andhra Pradesh amid supply glut
However, the mango prices crash in Andhra Pradesh has pushed farmers into financial stress. Many growers say they are unable to recover even basic cultivation costs.
Earlier, prices reached lakhs per tonne. Now, they have dropped to a few thousand rupees. Consequently, farmer incomes have fallen sharply.
While lower prices have helped consumers, growers warn of long term impacts on cultivation. The situation has raised concerns over the sustainability of mango farming in the state.
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