India: Late showers spell good news for Bengal potato traders

A post-monsoon shower spell in West Bengal the last two days has boosted sentiments in the potato trade. As the rain delayed sowing season of tubers by 15-20 days, traders expectprices of the old stock to look up. Last year, the country harvested a bumper potato crop last year. As the second largest potato growing State, Bengal reported a 22 per cent rise in output to 110 lakh tonnes, leading to a price crash. According to Bimal Ghora, a potato trader, had the sowing season not got delayed, the trade would have ended with 5-6 lt of end-season stock. He now expects to clear the stock before the new crop starts arriving in the market beginning January. More