Fall in export of vegetables from CIAL

Nedumbasery: The row over the Mullaperiyar dam has taken its toll on the perishable cargo exports through the Cochin International Airport Ltd. (CIAL).
Officials at the Centre for Perishable Cargo cite a fall of about 20 per cent in the export of vegetable consignments to Middle-East destinations, which they attribute to the blockade of vehicular movement along the check-posts in Tamil Nadu.
“The average volume of outbound consignments is now hovering around 40 tonnes compared to the earlier estimate of 50-55 tonnes,” a senior official said. He attributed the shortfall to a considerable decline in the arrival of goods from stations like Coimbatore.
According to him, the seasonal demand also plays a big role in the type of goods exported. As such the export of meat and fish is bound to surpass its previous best by a higher margin. The trend will continue for another one week and after that a clear shift in the pattern of overall export could be seen, the official said.
Meanwhile, the scarcity of fresh vegetables has sent the prices in the local market through the roof, which, in turn, is expected to negate the advantages of the recent depreciation in Rupee.
The jump in vegetable prices has also left the export agents worried as they say they would be unable to meet their export contracts. For, the importers are not obliged to compensate their counterparts as per the long-term buyback agreements.
23/12/11 The Hindu

To Read the News in full at Source, Click the Headline

Categories: airports Dec 2011, Foreign Dec 2011