Strained supplies push retail onion price to Rs 50 per kg

Image
Press Trust of India New Delhi
Last Updated : Aug 05 2013 | 7:15 PM IST
Onion prices have soared to Rs 50 per kg in the retail market of the national capital as supplies from Nashik and Rajasthan have come down because of rains.
Retail prices at the organised retail shops such as Mother Dairy's Safal outlet are ruling at around Rs 40 per kg, but local vendors are charging Rs 50 per kg.
Wholesale rate in Delhi's Azadpur market has increased to Rs 25-35 per kg, from Rs 18-28 per kg a week ago, Onion Merchant Traders Association President Surendra Budhiraj said.
"Supplies from Lasalgoan and Rajasthan has come down substantially due to rains," he said.
According to data maintained by National Horticultural Research and Development Foundation (NHRDF), wholesale prices in the Delhi and Lasalgoan have increased by around 50 per cent in the last one month.
Wholesale price of onion was Rs 16-17 per kg in the first week of July at the Lasalgoan mandi and now it has gone up to about Rs 30 per kg.
Budhiraj said the prices would ease once the new crop will arrive market.
Onion, seen as a politically sensitive commodity, has disturbed kitchen budget of most consumers who are already facing the brunt of high prices of tomato, pulses and cereals.
Budhiraj said the new crop is expected from Tamil Nadu and Andhra Pradesh in September but prices would ease after new crop from Karnataka arrives in the market in October.
*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: Aug 05 2013 | 7:15 PM IST

Next Story