Wholesale prices of onion slid in Nashik, Delhi

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:37 AM IST

Wholesale onion prices dipped further today with the fall as steep as 20 per cent in Nashik in Maharashtra besides a marginal decline in Delhi in the wake of steps taken by the government.

Onion was sold between Rs 8-35 a kg in the wholesale in Azadpur market (Asia's biggest fruit & vegetable market) today in comparison to Rs 10-37.5 per kg yesterday, Chairman, Delhi Agricultural Marketing Board, Braham Yadav told PTI.

The decline in Onion prices in Nashik, the biggest producing region in India, stood at Rs 8 per kg.

He, however, said the supply of the important vegetable dropped in Azadpur today, but it did not have any negative impact on the prices.

Against arrival of 1200 tonnes of onion in Azadpur market yesterday the supply today was only 600 tonnes,he added.

But, the fall in arrival had no negative impact as transportation of the vegetable from here to Eastern states cities like Gauhati, Silliguri and other cities of West Bengal stopped from today.

Though these centres are normally fed by Maharashtra, they were being bought from Delhi recently after the supply had dried from the western state.

Wholesale onion prices in the major producing regions of Lasalgoan and Manmad in Nashik district also came down by 20 per cent today.

At Lasalgaon mandi, wholesale onion prices fell to Rs 3,200 a quintal for best quality onions from Rs 4,000 per quintal yesterday.

This was despite the fact that just 9,000 quintals of onions made their way into the Lasalgaon market today, compared to 12,000 quintals yesterday, according to data compiled by the National Horticulture Research and Development Foundation.

However, prices of best quality onions rose by 15 per cent at Pimpalgaon, another major market in Maharashtra's Nashik district.

The dip in wholesale prices of onion is seen as a fallout of government's measures to ban exports, abolish import duty and ask state governments to go after the hoarders.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 24 2010 | 5:38 PM IST

Next Story