New Delhi: A GST reduction to 5% on select dry fruits has not translated into lower prices in Delhi’s Khari Baoli ahead of Diwali. Traders said wholesale and retail quotes for key items are higher than last year, with thinner arrivals, higher import and procurement costs, and a smaller domestic raisins crop offsetting the tax relief.

Shopkeepers reported that arrivals from the United States and Chile have been limited in recent weeks for almonds and walnuts, while the Indian raisins crop is smaller this year. Several retailers estimated their festive volumes at about 25% of last year’s level, citing resistance at current prices and shorter purchase lists from regular buyers.

Price comparisons provided by multiple dealers showed raisins selling around Rs 600 per kg versus roughly Rs 360 d

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