News on Potato Stats, Trade, Prices from India

A bumper crop, coupled with weak demand from other States, has led to a free-fall in potatoes prices in West Bengal.

The Indian government has decided to remove the minimum export price of potato as its availability has increased and prices have eased in domestic markets.

Domestic potato production in India in the present Rabi season is likely to be 25-30 per cent higher over last year on account of good weather conditions.

After earning high profits last year, potato growers in India are selling the crop at a small margin this year.

Indian Potato chip, fries and flake manufacturers have urged the government to waive the 30% import duty on potato to improve supplies and check soaring prices at home.

Farmers and cold storage owners in India (Agra, UP) have lauded the decision to lift the ban on import of seed potatoes.

Potato supply from West Bengal was disrupted again with the authorities of the neighbouring state re-imposing transport restrictions from today (August 24, 2014), a week after Trinamool Congress (TMC) government there relaxed movement of this vegetable variety to Odisha.

To prevent rising prices of potato in the state, the West Bengal government has decided to continue a ban on its transportation to other states and abroad until normal situation was restored.

Potato prices are rising in North India due to a lack of supply

The Narendra Modi government (India) on Tuesday decided to bring onions and potatoes under the Essential Commodities Act (ECA) to curb black marketing and hoarding, blamed for recent surge in prices. This will empower states to impose caps on stocks of these two vegetables for traders.

Fries, chips and flakes manufacturers in India are concerned over firm prices of potato, which has seen a jump owing to poor crop this year. Companies assure that an increase in retail price was unlikely to take place in the short run.

The price of potato in some markets in India has jumped 25 per cent in the past four days, due to reports of massive damage of the harvested crop from inclement weather.

Bending over backwards following pressure from other states and agitations by traders' associations there, the West Bengal government Monday relaxed its ban on export of potatoes

Since potato prices in West Bengal are fixed by state government, smuggling of potatoes to surrounding Indian states that do not have fixed potato prices has become a major issue.

West Bengal state government today started selling potato at Rs 13 a kilo, a price pegged by chief Minister Mamata Banerjee, on a day potato traders in Bengal began a 3-day strike to protest the administration’s ban on selling the tuber to other states.

Potato prices have almost doubled in most parts of India over the past one week. While most states are yet to take steps to check the spike in prices, West Bengal chief minister Mamata Banerjee has called a meeting on October 30 to review the situation.

Potato prices in West Bengal may depreciate by 8% on the back of a better crop prospect in south India. The south Indian crop is expected to enter the market next month which is likely to push down prices at the retail level.

Red, right size and low on sugar, Lady Rosetta is the flavour of the season for north Gujarat’s farmers.