STOCK MARKET BSE NSE

Commodities Vanish from Markets

Published: 09th October 2014 06:11 AM  |   Last Updated: 09th October 2014 06:11 AM   |  A+A-

JAIPUR: With people resorting to panic buying, essential commodities have vanished from the markets and price of vegetables skyrocketed in Jajpur district.

Chuda (flattened rice), biscuits, matchboxes, batteries, kerosene and candles are nowhere to be found and prices of potatoes and onion have doubled in the last one day.

Locals said wheat flour which was being sold at Rs 23 per kg till Monday is now selling at over Rs 30 per kg and the price is expected to rise further.

“To cash in on the situation, some traders are also resorting to hoarding thereby creating an artificial scarcity,” said Prashant Sahu, a local.

Prices of vegetables have increased by 50 per cent in the last 24 hours due to the impending cyclone. Brinjal which was available for Rs 20 a kg till Tuesday, was selling at Rs 40 on Wednesday. Similarly, pumpkin was being sold at Rs 25 per kg and price of potatoes rose to Rs 40 per kg from Rs 25 on Wednesday.

Collector Anil Kumar Samal on Wednesday held a review meeting with all line department officials and took stock of the situation. Samal directed all BDOs to clean cyclone shelters in their respective areas to accommodate people in wake of the cyclone.

More from Odisha

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp