Banana prices fall in Chitwan as production rises and floods disrupt supply to major markets
Summary
Banana prices have fallen in Chitwan as peak-season production rises and floods along the Bhotekoshi-Trishuli corridor disrupt supply to Kathmandu and other major markets. Farmers and industry leaders say the current rates remain profitable, while Nepal’s banana production continues to expand nationwide.
Key Points
- Banana prices in Chitwan have dropped as peak-season production increased and flood-related supply disruptions affected major markets.
- Farmers say they are still making profits even after prices fell from recent highs, with Chini Champa and G9 varieties selling for less than before.
- The Nepal Banana Producers’ Federation says average prices are now around Rs 4 per banana and calls for better market management based on production cycles.
- National banana cultivation has expanded to around 15,000 hectares, with production rising to about 900,000 metric tonnes.
