Onion prices are currently at a five-year high. Export demand and monsoon-delayed harvests are keeping prices firm. The Lasalgaon market sees onions trading between Rs 15/kg and Rs 53/kg. Exports are up 50%. Nafed is selling onions from its buffer stock at Rs 35/kg in some cities. Prices are expected to decrease by mid-December as arrivals increase and quality improves.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.