1 January 2024 Pomegranate Price Decline

Hello farmer brothers! Welcome to the new year 2024. Today, we will discuss the freshness of Barabanki, Farrukhabad (F&V), Azamgarh, Sultanpur, and Mandi. At the beginning of the new year, there is a decline in the price of pomegranates. In Barabanki, the price of pomegranates on Tuesday was initially Rs 7,000 per quintal, but now it has increased to Rs 6,450 per quintal. Meanwhile, a reduction of Rs 550 has been recorded in demand, leading to a decline in the excellence of pomegranate prices in the market.

Barabanki Mandi: Fresh Pomegranate Prices
Arrival (Ton): 5.4
Type: Pomegranate
Minimum Price (Rs/Quintal): 6,440
Maximum Price (Rs/Quintal): 6,500
Modal Price (Rs/Quintal): 6,450 

Azamgarh Mandi: Fresh Pomegranate Prices
Arrival (Ton): 11.1
Type: Pomegranate
Minimum Price (Rs/Quintal): 6,725
Maximum Price (Rs/Quintal): 6,875
Modal Price (Rs/Quintal): 6,800

Market Prices: Pomegranates in Barabanki opened at Rs 7,100 per quintal on Tuesday, closed at Rs 6,800 per quintal (last week had a reduction of Rs 300 per quintal).

Farrukhabad Mandi: Fresh Pomegranate Prices
Arrival (Ton): 2
Type: Pomegranate
Minimum Price (Rs/Quintal): 6,000
Maximum Price (Rs/Quintal): 6,200
Modal Price (Rs/Quintal): 6,100

Market Prices: Pomegranates in Farrukhabad opened at Rs 6,500 per quintal on Tuesday, closed at Rs 6,100 per quintal (last week had a reduction of Rs 400 per quintal).

Sultanpur Mandi: Fresh Pomegranate Prices
Arrival (Ton): 10
Type: Pomegranate
Minimum Price (Rs/Quintal): 6,300
Maximum Price (Rs/Quintal): 6,500
Modal Price (Rs/Quintal): 6,385

Market Prices: Similarly, in Sultanpur Mandi, pomegranates opened at Rs 6,730 per quintal on Tuesday, closed at Rs 6,385 per quintal (last week had a reduction of Rs 345 per quintal).

Reasons for the decline in the pomegranate market in the new year:
1. The first reason for the decline in the pomegranate market at the beginning of the new year is the change in weather. This has led to a decrease in production and a decline in prices.
2. The second and important reason is the changing demand for pomegranate varieties. Due to the demand for new and diverse varieties, producers are having to supply new and unique varieties.