Onion price decreases, tomato price increases in Iran

Business Materials 7 April 2019 15:49 (UTC +04:00)

Baku, Azerbaijan, April 7

By Elnur Baghishov – Trend:

The ban recently imposed on the export of onions has led to a 40-percent-decrease in the price for this vegetable in Iran, Director of the Tehran Fruit and Vegetable Association Hasan Sabiri Harandi said.

As a result of lifting the ban on export of tomatoes on April 4, the price of this vegetable has doubled, Harandi added, Trend reports to ISNA.

He added that the price of 1 kilogram of tomatoes in the market has increased up to 50,000 rials (about $1.19).

One kilogram of tomatoes costs 70-80 cents in the target markets. Entrepreneurs export the main part of their products taking into account this income, he said.

One kilogram of tomatoes cost 20,000 rials (about $0.47) before the ban on the export was lifted.

The tomato paste production companies bought 1 kilogram of this vegetable at a price of 15,000 rials (about $0.35). But on April 4, the price of this vegetable sharply increased.