North India Statesman
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News India Live, Digital Desk: The direct impact of the increasing geopolitical tension between Israel and Iran is now visible on the kitchen and health budget of the common man. capital of jharkhand Ranchi Prices of dry fruits in the markets of 10% to 15% There has been a surge of up to. Due to disruption in the global supply chain, prices are expected to increase further in the coming days.
Why are prices increasing?
According to wholesale and retail traders of Ranchi, the main reasons behind dry fruits becoming expensive are the hindrances in the international transportation route:
Supply chain breakdown: Imports from Gulf countries have been affected due to the Israel-Iran conflict. Landing costs of goods have increased due to diversion of ships and increase in insurance premiums.
Import from Iran: India imports pistachios and certain types of dry fruits from Iran on a large scale. Due to the war situation, there is a delay in the arrival of the consignment from there.
Dollar strength: Amid global uncertainty, imported dry fruits are becoming expensive due to weakening of rupee against the dollar.
Latest price situation in Ranchi market
Market experts say that within the last 15 days the prices of dry fruits have increased as follows:
| dry fruit | old price(per kg) | New price (per kg) | Growth |
|---|---|---|---|
| Almonds | ₹750 – ₹800 | ₹850 – ₹920 | ~10-12% |
| Pistachio | ₹1100 – ₹1200 | ₹1300 – ₹1450 | ~15% |
| Cashew | ₹800 – ₹900 | ₹950 – ₹1050 | ~10% |
| Walnut | ₹600 – ₹700 | ₹700 – ₹780 | ~8% |
Concerns of traders and consumers
Traders in Ranchi’s Pandara market say that if the war drags on, prices will rise. 20% to 25% There may be further increase up to Rs.
Impact on festivals: In view of the upcoming wedding and festival season, people are already trying to stock up, due to which artificial demand is also increasing in the market.
Common man’s budget: Nuts are important not only for taste but also for health, hence due to increase in prices, middle class families have limited their purchases.
