Jaggery prices rise due to short supply
Jaggery prices in the Anakapalli market have gone up because of short supply. During the current season, arrivals have fallen by about 550,000 lumps compared with the previous season. In the beginning of current season, A grade jaggery prices stood at Rs 95 per 10 kg and black jaggery (low grade) ruled at Rs 90 per 10 kg. Now, these have increased to Rs 134-135 and Rs 115 respectively. In February, low-grade jaggery prices had touched a high of Rs 122-123 per kg, though the price has now stabilised at Rs 115. Last season, till February end, jaggery arrivals sere 2.5 million lumps (each lump contains 15 kg), whereas in this season it was only 1.9 million lumps. Currently, 22,000-28,000 lumps come to the market daily, while normal arrivals in February and March were 35,000-40,000 lumps. The Anakapalli market received 4.3 million lumps last season and this season, it is unlikely to cross 3.5 million lumps.
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