The current price of 1 ton of palm fruit in India is ₹22,000.
Current Price of Palm Fruit in India
As of recent trends, the price for one tonne of palm fruit has reached a significant ₹22,000. This represents a substantial increase from its previous price point.
Price Trend and Factors
The price of palm fruit has seen a remarkable surge, jumping from an earlier price of ₹10,000 per tonne to its current rate of ₹22,000. This notable increase is primarily driven by the ongoing shortage of edible oil in the open market, which has led to soaring prices for various related commodities.
Impact on Farmers and Cultivation
This record jump in palm fruit prices is seen as a positive development for farmers. Horticulture departments are optimistic that this current price trend will encourage cultivators, especially those in upland areas, to shift towards or increase their acreage under oil palm cultivation. This could lead to a boost in domestic oil palm production and potentially help address the edible oil demand in the long run.
Palm Fruit Price Comparison
To illustrate the recent change, here's a comparison of the palm fruit prices:
| Item | Current Price (per tonne) | Previous Price (per tonne) |
|---|---|---|
| Palm Fruit | ₹22,000 | ₹10,000 |
