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What went wrongMango wholesalers at Baro Bazar in Khulna, in a Daily Ittefaq report

Four days without trucks, and 20,000 maunds of mango rotted in the arots

Baro Bazar in Khulna normally moves 9,000-10,000 maunds of mango a day; a four-day curfew took sales to zero and about 20,000 maunds rotted in the arots. One wholesaler was left with 1,500 maunds and another with 700.

Baro Bazar in Khulna, the largest wholesale fruit market in the country's south-west, normally moves 9,000-10,000 maunds of mango a day. A four-day curfew stopped vehicle movement, sales fell to zero, and about 20,000 maunds sitting in the arots began to rot. One wholesaler was left holding 1,500 maunds and another 700; traders offered fruit at half the normal rate and still found no buyers. Only 40 of the market's 170 fruit shops were trading mangoes at the time. The traders said mango starts to rot after a single day without a sale, so perishable wholesale has no waiting position: what is destroyed is the stock itself, not just the price. Neither the traders' capital nor the total loss in taka is given in the report.

Lessons

  1. 1.Perishable wholesale has no waiting position: four days without trucks destroyed the stock, not just the price
  2. 2.Half price with no buyers is the real risk in fruit: once rot starts, a discount will not clear the godown

Published with the person's permission, without revealing who they are.

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