Veggie prices stable, Egg prices dip in holy season
The ‘holy’ season has led to less consumption of eggs in the city.
Chennai: The ‘holy’ season has led to less consumption of eggs in the city with a fall of almost 10 per cent in consumption rates.
Mohan Reddy, zonal chairman of the National Egg Co-ordination Committee, in Chennai, says, “There is an expected fall of nearly 5 per cent in the consumption of eggs in the city due to the Karthigai season. All of south India is seeing a similar trend.”
The season is known for pilgrimage to Sabarimala which is the time most families abstain from taking non-vegetarian food. In the peak season, Chennaiites consume 50 to 55 lakh eggs per day and during November and December it comes down to 40 lakh per day.
The shortage of demand in the south is compensated for by the bigger demand in the north where winter begins.
“There is almost a 30 to 35 per cent rise in the consumption of eggs in north India. Going by the demand, we divert the supply more to northern India. When this month is over, supplies return to usual.”
With the rains affecting vegetable and fish prices, he adds, “The demand for eggs is not affected by the rainy season. As vegetable supplies get affected, people depend more on eggs.”
Fish prices in the city were at an all-time high, an average of Rs 300 prior to Deepavali, with weather conditions not allowing fisherfolk to venture into the sea.
The prices of onion were stable at the Koyambedu market for the past one week, staying between Rs 40 and Rs 60 depending on their quality.
The new crop is said to enter the market soon and bring the prices down in December. The small onion is priced high at Rs 80 and is likely to increase further to Rs 90 as fresh supplies are to enter only by January.
V.R. Soundaryarajan, a trader at Koyambedu market, says, “Potatoes have seen a significant rise in prices from Rs 15 earlier this week to Rs 28 as on Sunday.” Traders say that they were depending on old stock.
Among vegetables, carrot, which was at Rs 35 a kg, was on Sunday priced at Rs 50 a kg at the wholesale market. Traders add, “ We get our supplies from Ooty and the rains have disrupted supplies.”