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ECONOMY

Bhai Masala prices increase by 30 percent this year

KATHMANDU, Nov 1: The prices of Bhai Masala during Tihar have increased by around 30 percent this year. Traders, who have been selling Bhai Masala in Kathmandu's Asan for years, have reported that prices are higher this year compared to last year.
By Republica

KATHMANDU, Nov 1: The prices of Bhai Masala during Tihar have increased by around 30 percent this year. Traders, who have been selling Bhai Masala in Kathmandu's Asan for years, have reported that prices are higher this year compared to last year.


Local trader Sajib Bajracharya, who has been in the family business of selling Bhai Masala for generations, explained that floods and landslides on September 27, 28, and 29 have also driven up the price of Bhai Masala by about 30 percent this year. He added that the impact of floods in Pakistan and India has likely contributed to this price hike during Tihar. Due to the higher prices, customers are buying smaller quantities of Bhai Tika spices this time.


Bajracharya stated, "This year’s Bhai Masala is about 30% more expensive than last year. The floods last month, not just here but also in Pakistan and India, have impacted the supply, leading to higher prices. Additionally, taxes have further increased costs, making it harder for customers to afford these items. Where people used to buy one kilogram last year, many are now asking for only half a kilo, leading to a decline in business."


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Customers have also expressed concerns about the steep rise in Bhai Masala prices and have urged traders to consider lowering them.


One customer remarked, "Compared to last year, the price of every item has increased significantly. It would be helpful if traders could make some adjustments."


Current market prices include Rs 2,200 per kg for cashews, Rs 1,700 for peanuts, Rs 600 for raisins, Rs 1,000 for black dates and Rs 550 for walnuts. Additionally, walnut kernels are priced at Rs 1,500 per kg, figs at Rs 2,200, dried apricots at Rs 1,000, coconuts at Rs 550, rock sugar at Rs 180, threaded rock sugar at Rs 200, fox nuts at Rs 2,000 and cinnamon at Rs 800 per kg. Bajracharya said that the prices have risen by about 25–30 percent compared to last year, which has led to a noticeable decline in sales.


He added, "Prices of all items have increased by 25–30 percent. Cashews, raisins, peanuts, dried coconut, walnuts—all have seen significant price hikes. Consequently, business has declined considerably this year compared to previous years."


Local traders report a decrease in customer activity this year, attributing it to the increased prices of Bhai Masala.


 

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