News & Views

Tomato price hits record high in Karachi being sold at Rs 400 kg!

The prices of tomato in the metropolis has hit a record high on Tuesday. The tomato price reached Rs400 per kilogram from Rs300-320 per kg on Monday.

The prices are still soaring high even though the government allowed the import of tomatoes from Iran.

Reportedly, the local traders have also brought the price of Swat and Sindh crop at par with the Iranian tomato rate to make huge profits.

On Tuesday night, another 16 containers of Iranian tomatoes arrived in Karachi, then again on Wednesday morning, the price of tomatoes at the markets did not go down to its original price.

There are no traders selling tomato at the control rate. The local administration yet again miserably failed in implementing the approved rate. As usual, an unrealistic retail rate is being quoted by the local administration of Rs253 per kg compared to Rs193 per kg on Monday.

With the presence of 352 tons of Iranian tomatoes in the market, the prices were supposed to go down. But the prices of tomatoes had skyrocketed, and as being reported the tomatoes are being sold for Rs480 per kilo in some areas.

Aiming at regulating the super high tomato prices, the commissioner Karachi has asked people not to buy expensive tomatoes. He further added that the prices will come down if people do not buy them.

Related posts

People pull out money from banks, as the demand for cash increases

admin

Billie Eilish drops new James Bond theme song ‘No Time to Die’

admin

Altaf Hussain arrives at London police station after bail expires

admin