Himachal is famous for Apples!
Wherever you are, whenever you eat an apple, there is a good chance that it has come from the high altitude orchards of Himachal (whether from Shimla, Kinnaur or Kullu distt.).
Each box of apple contains 90 to 175 crisp, juicy and nutricious apples (depending upon the size of apples)!
Last year Himachal produced 1.5 Crore boxes of apples.
And it was considered a bad yield!
You must be thinking that the orchardist must have regretted the poor output!
On the contrary, they laughed all the way to the bank. Tax free!
Since the supply was drastically reduced from the previous year, a box of apple which normally fetches Rs.800-1000 fetched upto Rs.2500!
Supply and demand at work!
This year the crop is bumper!
Estimated 4.5 crore boxes!!!
Should the orchardists be partying?!!!
Think again.
The bumper crop has resulted in the fall in the prices!
The price has dropped to 800 per box!
You think the quality of the apple in the 800/- box was poor!
You are grossly mistaken.
As per my first hand information from a young orchardist Ravi, it was painful for him and his family to get 800 per box for 'A' grade mouthwatering export-quality apples whereas last year even 'B' grade apples fetched 1700 per box!
Fundamental quality of apple crushed by the supply and demand market forces!
Hail fundamentals!!!
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