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Onion prices slip 40% in a week on increased supply across the country

Data from the Nashik-based National Horticultural Research and Development Foundation showed onion was trading at at Rs 24 a kg on Tuesday in the benchmark Lasalgaon mandi in Nashik district

Onion, onion prices
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Dilip Kumar Jha Mumbai
Onion prices slumped for the fifth day in a row on Tuesday, a decline of 40 per cent in a week, on consistent increase in arrival of new-season crop in wholesale markets (mandis) across the country.
 
Data from the Nashik-based National Horticultural Research and Development Foundation showed onion was trading at at Rs 24 a kg on Tuesday in the benchmark Lasalgaon mandi in Nashik district of Maharashtra. That’s a fall of four per cent since Monday and 40 per cent from Rs 40 a kg on January 20, a level not seen since November 6, 2019. It continues

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First Published: Jan 29 2020 | 12:27 AM IST

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