When Life Gives You Lemon, Do Not Make Lemonade; Unless You Are Binod Chaudhary

1 min


lemon
banner

A single lemon is selling at Rs. 25 in the markets across the country. The price of lemon has multiplied in the span of one month.

The main reason for the inflation in lemon prices is the weather and the price hike in India. In the eight months of the current fiscal year, Nepal has spent around 60 crores importing 78 crore kg of lemons.

In India too, the price of lemon has touched unprecedented highs, with a single lemon retailing between Rs. 10 and Rs. 15 in most markets.

The main reason for the hike is due to climate change. Across India, the monsoon was exceptionally well last year, but the months of September and October had brought unwanted heavy rains. Lemon orchards are extremely sensitive to excess moisture and thus, due to heavy rainfall, the cultivation process failed and flowering did not happen.

Lemons are normally kept in cold storage and marketed until the lemon from the next season arrives. Due to a significantly lower harvest this season, farmers had lower numbers of lemons to store.

Lemon suffered from unseasonal rains, with farmers reporting a drop in flowering during the initial phases. At the end of February, soaring temperatures to have hit the crop, causing the younger fruits to drop.

The chances of immediate price correction are very dim with the prices of lemon have crossed record high levels due to the low arrivals.

What’s your Reaction?
+1
1
+1
0
+1
0
+1
3
+1
0
+1
1
banner

Jenish Shrestha
Truth is important to us at any cost.

0 Comments

Your email address will not be published.