In Kashmir, fruit growers and traders who utilized cold storage units for their produce are encountering significant financial losses, as the market rates for their goods have sharply declined. The price for apple boxes, which are currently being sold for Rs 300-400, has seen a drastic reduction from their original value during the main season, especially for C-grade apples which were priced higher. One fruit trader highlighted his personal loss, having bought approximately 10,000 apple crates at Rs 1000-1500 each, now only able to sell them for Rs 300-400, resulting in a substantial financial deficit. This scenario is not unique, but is reflective of the broader challenges faced by fruit traders in the region.
The influx of apples from other countries into Indian markets has been identified as a contributing factor to the declining prices of locally stored apples. In response, individuals managing cold storage units are calling for governmental intervention to mitigate the adverse effects on the sector. Anjum Abrar, a manager of a cold storage unit, emphasized the critical role of these units in sustaining the supply and demand chain, which in turn supports growers by ensuring more stable returns. The potential discontinuation of using cold storage facilities by traders could have far-reaching implications, not only for the fruit trading industry but also for the employment of thousands who depend on this sector.
[ Rs 100 = €1.10 ]
Source: kashmirconvener.com