Onion prices touch Rs 7,100/quintal in Nashik

Onion prices in various Agriculture Produce Market Committees (APMCs) here soared to a high of Rs 7,100 per quintal following a shortfall in onion production this year due to untimely rains in November.

Onions were auctioned at major Laslgaon APMC at Rs 6,299 per quintal while in Pimpalgaon prices were Rs 6,263 per quintal; Manmad Rs 6,450; Nandgaon Rs 5,000 and at Rs 7,100 at Umrane, APMC sources said today.

In open market, onions were being sold in the range of Rs 50-70 per kg. Also, hoteliers here hiked the prices of dishes like 'pakoda' and 'misal' owing to price rise.

According to APMC, onion crop perished in Maharashtra, especially in Nashik, the largest market, due to unseasonal rains leading to sky-high prices.

They said the situation will remain the same till January-end till the new crop arrives in markets in early February next year.

Meanwhile, there is already a ban on onion export till January 15, sources added.