Vegetable prices, which have been skyrocketing for the past few weeks, are likely to remain high until the latter part of this month, Nation learns.
Research Officer and Head of the Marketing Food Policy and Agri-Business Division (MFPA) of the Hector Kobbekaduwa Agrarian Research and Training Institute, W.H.D. Priyadarshana, said prices are likely to remain high until about the third week of January.
“There is a general increase in vegetable prices from November through January due to the rainy weather conditions that prevail during these months. There is no significant increase in demand, but the supply is low, hence the high prices,” he explained.
Prices of both upcountry and low country vegetables continued to climb towards the end of December. However, relief is expected as fair weather is likely to prevail from towards the end of this month.