Summary:
There are three major factors that lead to high prices — production, demand and total market strategy.”He said the prices are expected to go down a little towards the May-end. PATNA: The untimely thunderstorms and showers over the past couple of weeks has adversely affected mango plantation , which in turn has led to rise in the prices of the fruit. But as more batches of mangoes start to come in (end of May), the prices start coming down. In initial days (mid-April), the supply is less compared to the demand. The middle class section of mango lovers normally wait for the prices to come down, which is another reason behind buyers being very few and higher prices,” Dharmendra Prasad Gupta, another vendor at Income Tax roundabout said.Consumers also claim they are waiting for better verities of mangoes at lower prices..