Decline in cherry prices result of supply, demand mismatch: Canners

Kashmir Food Processors Association on Friday said the decline in prices of Kashmiri Double Gilaas was a result of mismatch in demand and supply clarifying that the cherry canners were not involved in bringing down the prices.
Decline in cherry prices result of supply, demand mismatch: Canners
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Kashmir Food Processors Association on Friday said the decline in prices of Kashmiri Double Gilaas was a result of mismatch in demand and supply clarifying that the cherry canners were not involved in bringing down the prices. 

A statement by the association issued here said supply of double variety of cherry this year is 300 percent more than previous year which has impacted the market prices. "We out rightly reject the blame of the fruit growers association where they held canners responsible for the low pricing of cherry and exploitation of farmers," Zain-ul-Abideen, president of the association said in a statement. 

"Also quality of the fruit is not so good with the result prices fell down. Besides, we have to compete with the international market in terms of rate and  quality where there are more possibilities of reducing our share of canned cherry against the high quality from Turkey & China." 

Greater Kashmir had carried a news story on Friday highlighting the struggle of farmers due to drop in prices of Kashmiri Double cherry due to the bumper crop this year. 

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Greater Kashmir
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