No impact on commodity supply in Mumbai

Written by Commodities Bureau | Mumbai | Updated: Jan 7 2009, 05:28am hrs
There is no major impact of all-India strike on essential commodities and agri-commodities of daily consumption on Monday. The All India Motor Transport Congress (AIMTC) declared national-wide strike effective from January 5.

Except wholesale prices of sugar and onion, major agri-commodities, at the wholesale and retail levels in Mumbai, were more or less steady on Monday due to regular inflows of track-loads from different destinations in the state and from outside state coupled with steady demand from retailers and consumers.

Wholesale prices of sugar and onion have moved up by Rs 20-25 per quintal and Rs 10-12 per 10 kg respectively due to fundamental factors.

Daily supplies of major commodities have not affected much today as retail transporters are carrying out their services from Vashi APMC market to Mumbai as usual. About 600-700 tracks and tempos arrived today at the APMC market. I think you can see some impact on supply front after two-three days, Navin Bhanusali of Retail Transporters Association (RTA) said.

It can be noted that RTA has not joined the all India strike even though they are part of AITMC, national body.

There is no unusual movement of daily supplies and there is enough stock of food-grains, pulses and spices at the APMC market. I dont think the strike will have any impact on price front over the next two-three days. Current stocks of these commodities can last for 10-15 days. Essential commodities like milk and vegetables are spared from transport strike, Arun Bhide, president of Navi Mumbai Commodity Brokers Welfare Association said.