Prices of banana leaves crash due to low demand
The Hindu
‘Restrictions on public gathering has resulted in low sales’
For banana farmers of Madurai district, the surge in COVID-19 positive cases could not have come at a worse time. Following the imposition of restrictions regarding festivals and weddings on a grand scale, there has been a significant fall in prices of banana leaves, causing severe distress to farmers and traders. S. Vairamani, a trader at Mattuthavani vegetable market, said that while a bundle of 500 banana leaves was sold at around ₹1,000 a month back, the price has come down to around ₹300. The fall in price is attributed to higher supply but lower demand for the leaves.
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