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The present study aimed to study price movement of tomato i.e. seasonal variation, price volatility and co-integration among the major tomato markets in Maharashtra. For study purpose the data related to monthly average prices of tomato were collected from major markets of Maharashtra State viz. Pune, Aurangabad, Nagpur and Nashik for the period 2007-2016. Moving average method was used to study seasonal variations. The econometric tools like ADF test, Johansen’s Multiple Co-integration test, and ARCH-GARCH model were used to study price volatility and co-integration among selected markets. The results of the study showed that the prices of tomato were higher during the months of June to July in selected markets. The higher prices were recorded during the year 2007, 2008, 2010 and 2016. The selected tomato markets having long run equilibrium relationship for the prices of tomato and there exists co-integration among them. The volatility shocks in the prices of tomato were quite persistent in the selected markets.

Key words: ADF test, ARCH- GARCH, Co-integration, price movement, price volatility, seasonal variation.