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Onion prices crash below Rs 12 per kg in Lasalgaon on high supplies

As a hedge against this, the government is making efforts to diversify sowing

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Rajesh Bhayani Mumbai
Onion prices at Maharashtra’s Lasalgaon mandi (near Nashik, the trend setting one) have crashed with rising arrivals. On Monday, average prices fell below Rs 12 a kg, to Rs 11.8, an eight-month low. In early January, it was a little over Rs 35 a kg.

Prices rose after last August, with delay in kharif crop arrivals and estimates of lower production in 2017-18 to 23.4 million tonnes, one mt less than year before. The peak was on January 5; they’ve fallen since.

Major Singh, head of the directorate of onion and garlic research in Pune, said: “Crop arrivals are now at a

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First Published: Feb 26 2018 | 10:43 PM IST

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