Pota­toes worth Nu 25.4mn auc­tioned dur­ing Jan­uary-June 2018

Business Bhutan - - Money - Staff Reporter from Thim­phu

The to­tal vol­ume of pota­toes that was auc­tioned from Jan­uary to June this year saw a whop­ping in­crease by al­most 151 per­cent com­pared to the vol­ume of pota­toes auc­tioned dur­ing the same pe­riod in 2017.

Ac­cord­ing to the Sta­tis­ti­cal Re­lease on auc­tion of crops dur­ing Jan­uary-June 2018, 1,586.29 MT of pota­toes (1,461.27 MT of pota­toes (Red) and 125.02 MT of pota­toes (White)) were auc­tioned dur­ing Jan­uary –June 2018.

Mean­while, the Sta­tis­ti­cal Re­lease is based on anal­y­sis of auc­tion data on crops pro­vided by Food Cor­po­ra­tion of Bhutan Lim­ited (FCBL). It presents the half yearly vol­ume and value of dif­fer­ent crops auc­tioned in the four auc­tion yards of Phuentshol­ing, Samtse, Sam­drup Jongkhar and Gele­phu dur­ing the pe­riod Jan­uary-June 2018.

There was no auc­tion of pota­toes dur­ing the first four months of the year (Jan­uary-April) and the potato auc­tion started only in May 2018.

In terms of mon­e­tary value, pota­toes worth Nu 25.42mn (Nu 23.69mn for potato red and Nu 1.72mn for potato white) were auc­tioned dur­ing Jan­uary-June 2018. There was re­port­edly an in­crease of 209 per­cent in terms of the mon­e­tary value of the pota­toes auc­tioned in Jan­uary-June 2018, up from Nu 8.21mn dur­ing the same pe­riod in 2017.

And of the to­tal 1586.29 MT of pota­toes auc­tioned, 785.82 MT of pota­toes were auc­tioned at the Phuentshol­ing auc­tion yard and 800.47 MT of pota­toes at the Sam­drup Jongkhar auc­tion yard. There has been no auc­tion of pota­toes at Samtse and Gele­phu auc­tion yards.

And from among all the veg­eta­bles that are auc­tioned only at the Phuentshol­ing auc­tion yard, the high­est vol­ume of veg­etable auc­tioned was green pea (82.51 MT), fol­lowed by cab­bage (70.88 MT).

The to­tal vol­ume of green pea auc­tioned dur­ing Jan­uary-June 2018 was 82.51 MT, down by 32 per­cent com­pared to the same pe­riod in 2017 at 124.60 MT. How­ever, the to­tal vol­ume of cab­bage auc­tioned dur­ing Jan­uary-June 2018 in­creased from 57.18 MT in Jan­uary-June 2017, up by 24 per­cent.

The to­tal value of ma­jor veg­eta­bles auc­tioned amounted to Nu. 5.65mn dur­ing Jan­uary-June 2018, up by nine per­cent com­pared to the same pe­riod in 2017.

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