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Rice and Banana Leaf Prices Surge Across Tamil Nadu Amid Supply Shortages

Rice and Banana Leaf Prices Surge Across Tamil Nadu Amid Supply Shortages

Traditional meals served on fresh banana leaves are set to become more expensive across Tamil Nadu as retail prices of rice and banana leaves have surged due to drought conditions and reduced supplies from neighbouring states.

Rice prices in the retail market have increased by Rs 5 per kg to Rs 15 per kg. Because Tamil Nadu is not self-sufficient in rice production, locally grown paddy is largely procured by government agencies. As a result, the open retail market depends heavily on supplies arriving from neighbouring states.

Agricultural disruptions in adjacent regions have significantly constrained inflows into Tamil Nadu markets. According to A Anbarasan, chairman of the Food and Agro Panel of the Madurai District Tiny and Small Scale Industries Association, shutter repairs at Tungabhadra reservoirs combined with poor rainfall in Karnataka adversely affected crops. Additionally, Andhra Pradesh recorded a decline in production, leading to a noticeable drop in overall supply.

Traders warn that market pressures could intensify in the coming months depending on local agricultural output. A M Vikramaraja, president of the Tamil Nadu Vanigar Sangangalin Peramaippu, noted that reduced inbound supplies have pushed up retail rates, cautioning that if the kuruvai cultivation season in Tamil Nadu fails to produce satisfactory yields, prices will rise even further.

Specific varieties of rice have already registered sharp price spikes. B Gowtham, a rice trader in Madurai, stated that RNR and deluxe boiled rice, which were earlier sold at about Rs 45 per kg, now cost Rs 60 per kg. Ponni raw rice has increased from Rs 52 per kg to Rs 60 per kg at his shop, while idli rice is currently selling at Rs 50 per kg.

Alongside rice, banana leaf prices have also been pressured by regional drought conditions, which have caused a drop in banana cultivation in Trichy, driving up the cost of the essential cash crop across dining establishments and households.

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