Banana prices have risen sharply at the daily auction market in Paramathivelur in Namakkal district ahead of Ayudha Puja, bringing cheer to farmers.Bananas are cultivated on thousands of acres along the Cauvery river belt in Jedar Palayam, Pilikkal Palayam, Pandamangalam, Pothanur, Velur, Anichampalayam, Palapatti, Manappalli and Mohanur.
Traders purchase banana bunches directly from farms and transport them by lorry to other States, including Andhra Pradesh, Karnataka and Kerala, as well as districts across Tamil Nadu such as Salem, Karur, Erode, Coimbatore and Dindigul.
Small-scale farmers sell their produce at the daily auction market in Paramathivelur.
With Ayudha Puja just days away, farmers brought more than 3,000 banana bunches to the market on Friday.
Poovan banana bunches, which fetched a maximum of ₹400 last week, sold for up to ₹700. Rasthali bunches rose from ₹300 to ₹500, while Karpuravalli bunches increased from ₹400 to ₹550. Green banana bunches fetched between ₹300 and ₹450, compared with ₹300 last week.The price of each Monthan banana also increased from ₹5 to ₹7.
The rise in prices ahead of the festival has brought happiness to banana farmers.
