2023, Vol. 8, Special Issue 6

The data on monthly arrivals and prices of banana were collected for six markets viz; Mumbai, Nagpur, Bangalore, Chennai, Jaipur and Calcutta for the period of last ten (2012 to 2021) years were obtained from NHB database and AGMARKNET. The selection of major markets for banana was based on maximum arrivals in a particular market.

The study revealed that overall maximum variability in prices was noticed in Mumbai market among the months as compared to Nagpur, Bangalore, Chennai, Jaipur and Calcutta. The overall negative significant correlation was noticed in Chennai and Calcutta markets. The co-integration of prices of banana was observed for the selected market. It indicated that selected markets are competitive to each other. The pair wise Granger causality test of banana prices explicates that the market pair Nagpur-Jaipur have bidirectional causality. The market pair Mumbai-Jaipur, Mumbai-Calcutta, and Chennai-Calcutta has unidirectional causality. It is concluded that high price volatility present in Mumbai, Chennai and Calcutta markets for banana. It should be minimized and needs to protect price security for farming community.