Panic buying sends vegetable prices soaring in Odisha as Cyclone Dana nears

Quick Summary:

The price of vegetables including potato and onion has increased in Odisha markets as consumers resorted to panic buying amid IMD's prediction of a cyclone hitting the Odisha coast, traders said on Tuesday.

There was a huge rush in the vegetable markets as consumers wanted to store sufficient amounts of vegetables especially potato and onion in view of the cyclone, which is expected to hit Odisha coast by October 25.

The price of onion has also increased to Rs 60 per kg from Rs 40 in the market, which is one of the largest vegetable markets in Odisha.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Panic buying Chhatra Bazaar Minister Food items Trader Consumer Welfare Krushna Chandra Patra Chandra Patra Odisha Food Supplies Marketplace Investment Scarcity IMD Mohan Charan Majhi Nibedita Behera Chief Minister Consumer behaviour

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 14:49:06 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23197798

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 293 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions