The average wholesale price of onions at Lasalgaon Mandi near Nashik has gone up from Rs 970 per quintal to Rs 4200-4500 in the last two days. Onions are shipped all over the country from Lasalgaon, Nashik. Some time ago, due to premature rains and hail in Maharashtra, the onion crop suffered a considerable loss.
- Onion is being sold at the wholesale market in Delhi for Rs 50.
- Its retail price ranges from 65 to 75 rupees per kg.
- Onion prices have doubled in the past year and a half.
- In Lasalgaon, onions cost Rs 1000 per quintal in two days
The troubled common man has now launched the onion because of the skyrocketing petrol and diesel prices. While onion retails at Rs 50 per kg in the wholesale market in Delhi, its retail price has risen from Rs 65 to Rs 75 per kg. Onion prices have doubled in the past year and a half. Onion prices in Asia’s largest onion market, Lasalgaon, are priced at Rs 1000 per quintal.
According to media reports, the average wholesale price of onions in Lasalgaon Mandi has gone up from Rs 970 to Rs 422-4500 per quintal in the last two days. Onions are shipped all over the country from Lasalgaon, Nashik. Some time ago, due to premature rains and hail in Maharashtra, the onion crop suffered a considerable loss. This reduced the onion’s arrival in the wholesale market. This is said to be the main reason why onions are expensive.
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The price may go up
On Saturday, the average price of onions in Lasalgaon was 4250-4,551 per quintal. Kharif varieties of onions are priced at Rs 3,870 per quintal. According to one trade, the price of onions has increased due to rain. On February 20, the price of onions at Lassalgaon Mandi was Rs 3,500-4,500 per quintal. Onions will become more expensive in the coming days. Many traders have reported that the supply of Kharif crops has decreased.
Onion prices are rising at a time when farmers are demonstrating around the country about the new agricultural law. These new agricultural laws have been amended in Parliament by the Essential Commodities Act. Last year, items such as potatoes, onions, lentils, rice, edible oils and oils were removed from the purview of the Essential Commodities Act-1955. That is, the stock limit has now been removed. Now there is no prison to store more of these things. Companies or any merchants are free to deposit these items to any extent.