business / news / / Times of India
The sudden supply vacuum has forced wholesalers to divert domestic Kashmiri stocks to fill the.
Shipping disruptions in the Persian Gulf have halted Iranian apple imports to India.
KEY POINTS
- Kashmiri apples are being diverted to southern states, causing wholesale prices to rise up to ₹1,600 per 10kg.
- South African and US apple prices have surged by 50% or more due to increased ocean freight costs.
- Some Indian importers have canceled international fruit orders because prices are now unaffordable for consumers.
- Logistics costs, not fruit shortages, are now the main cause of apple price inflation in India.
COMPANIES
Summarized by Newsio from Times of India. How we summarize →