In a recent update from Farruukhabad, Rinku Verma, President of the Potato Arhatiya Association, has shared insights on the current potato market situation:

New Potato Arrival and Pricing

• New potatoes have entered the market, sourced primarily from Punjab.
• The retail price for new potatoes ranges from 50 to 60 rupees per kilogram.
• Despite the arrival of new potatoes, prices of old potatoes have remained stable.

Local Potato Production

• Potato is a major crop in the district.
• This year’s early potato crop was sown later than usual.
• Consequently, the new local potato crop is not yet ready for harvest.

Cold Storage Inventory

• Initially, 862,991 metric tons of potatoes were stored in 107 cold storages across the district.
• 93.5% of this stock has been withdrawn.
• Currently, 56,525.96 metric tons of potatoes remain in cold storage.

Market Preferences and Pricing

• Old potatoes were retailing at 30 rupees per kilogram before Diwali.
• Despite new potato arrivals, old potato prices have not decreased.
• Consumers are showing a preference for old potatoes when purchasing vegetables.
• This sustained demand is keeping old potato prices stable.

The market dynamics reflect a continued preference for old potatoes among consumers, despite the introduction of new stock from Punjab. This trend is maintaining price stability for old potatoes in the Farruukhabad market.