Speculations on prices
TV reporters seem to project market prices just after monitoring the kitchen market of Friday morning only. On the weekly holiday demands rise for obvious reasons. So it is not the market to be projected to the public. From such reflections people get wrong signals. Buyers get panicked and buy out items they require for future. An artificial demand is created, thus traders raise prices further and a chain reaction takes place. Moreover, TV reporters are no professional market analysts, yet they speculate only on one criterion or so.
Unfortunately, government agencies hardly monitor such price-hikes. Hope some one will do the needful to project the real market situation.