Page 2 - Onion Price

As Onion prices soar across India buyers request further govt intervention

"We are getting onions for Rs 60 to 65 from mandi. Customers are not buying the onions due to rising costs. There is a shortage of supply too," he said

Average onion price in Delhi touches Rs 78 per kg, shows govt data

Onion prices remained at a high level in the national capital on Monday and was ruling at an average price of Rs 78 per kilogram in the retail market, according to government data. However, the all-India average price of onion was at around Rs 50.35 per kg while the maximum rate was Rs 83 per kg and modal price was at Rs 60 per kg, as per the data compiled by the Department of Consumer Affairs. The minimum rate is Rs 17 per kg. Local vendors are selling onions at Rs 80 per kg while the key kitchen item is available at Rs 75 per kg on e-commerce portals Bigbasket and Otipy. On Saturday, the Centre imposed a Minimum Export Price (MEP) of USD 800 per tonne on onion exports till December 31 to boost availability of the vegetable in the domestic market. The USD 800 per tonne MEP translates into about Rs 67 per kg. The MEP is there for all varieties of onion except Bangalore Rose and Krishnapuram onions, and for cut, sliced or broken in powder forms. Besides, the Centre has announced t

Govt imposes minimum export price of $800 per tonne on onion till Dec 31

The government on Saturday imposed a minimum export price (MEP) of USD 800 per tonne on onion exports till December 31 this year with a view to increase availability of the vegetable in the domestic market and contain prices. "Exports on onion is free. MEP of USD 800 FOB (free on board) per tonne is imposed till December 31, 2023," the Directorate General of Foreign Trade said in a notification. Onion prices have further risen to Rs 65-80 per kilogramme in the retail market of the national capital on lower supply. Mother Dairy, which has around 400 Safal retail stores in the Delhi-NCR, is selling loose onions at Rs 67 per kg. E-commerce portal Bigbasket is selling at Rs 67 per kg, while Otipy at Rs 70 per kg. Local vendors are selling onions at Rs 80 per kg.

Onion prices soar in Delhi to Rs 65-80 per kg, traders blame low supply

Onion prices have further risen to Rs 65-80 per kg in the retail market of the national capital on lower supply. Mother Dairy, which has around 400 Safal retail stores in the Delhi-NCR, is selling loose onions at Rs 67 per kg. E-commerce portal Bigbasket is selling at Rs 67 per kg, while Otipy at Rs 70 per kg. Local vendors are selling onions at Rs 80 per kg. Mother Dairy was selling onions at Rs 54-56 per kg on Wednesday and now the rates have touched Rs 67 per kg. With the rise in retail prices, the Centre on Friday decided to step up the sale of buffer onion at a subsidised rate of Rs 25 per kg in retail markets in order to provide relief to consumers. According to the Department of Consumer Affairs data, on Saturday the all-India average retail price of onion is Rs 45 per kg, but the maximum price is Rs 80 per kg. In Delhi, the average price is ruling at Rs 75 per kg. "We have been offloading buffer onions since mid-August and we are stepping up the retail sale in order to ch

Politics of Maharashtra heats up as govt imposes 40% export duty on onion

Just as onions are layered, so is the politics around this humble bulb that finds itself on the political chopping board, yet again. SANJEEB MUKHERJEE writes

You can buy onions at Rs 25/kg through retail outlets of NCCF from today

Centre has also raised the quantum of onion buffer to 500,000 metric tonnes this year, after achieving the initial procurement target of 300,000 metric tonnes

After tomatoes, now onion likely to get costlier by September on low supply

Though India has a huge stock of onions, the high proportion of bad-quality onions due to excessive summer heat this year had led to an increase in the prices of good-quality onions

Onion prices might touch Rs 60/70 per kg by month-end, says Crisil

Such a scenario could extend the current lean season by 15-20 days, potentially tightening supplies and driving prices upwards, the report added

Govt agencies to buy red onion as prices plunge on surplus output

Govt said it has directed two of its agencies to "immediately intervene" and purchase red onion crops from the market after prices fell significantly over last month, resulting in protests by farmers

Top prices soften since early November; potato slumps by almost 24%

Retail prices of tomatoes, onions, and potatoes see a drop since early November, according to the Department of Consumer Affairs

Nafed offloads buffer onion of 20,000 tons in cities to contain prices

To check the sudden spike in onion prices, cooperative Nafed has offloaded 20,000 tonnes of the bulb from the government's reserves in the last three weeks across India, official sources said. Onion is being disposed of at the "going market rate" in major cities like Delhi, Patna, Lucknow, Chandigarh, Chennai and Hyderabad among others, sources said. Nafed has been creating a buffer stock of onion on behalf of the government under the Price Stabilisation Fund (PSF) for the last few years. For 2022-23, Nafed has built a record onion reserve of 2.50 lakh tonnes to deal with a potential spike in onion prices during the lean season that runs from August to December. According to sources, Nafed commenced the disposal of buffer onion on September 14 and has offloaded 20,000 tonnes till now. Onion procured in April and May is being offloaded at the "going market rate", the sources said. The stocks from the buffer will be released in a targeted and calibrated manner till December. Acco

Government releases buffer stock of onion to states to check price rise

To check any sharp jump in retail onion prices, Centre on Friday said it has started offloading the buffer stock in a targeted manner to states where prices are increasing over the previous months.

Prices of onion, tomato and potato cheaper than last year, says govt

Onion prices being stabilised with buffer stock release; efforts on to soften tomato, potato rates, says govt

Nationwide average retail price of onions down 60% since last year: Govt

All-India average retail price of onions has dropped by 60 per cent this year to Rs 40 per kg

How onions and pulses could wreck the Centre's food inflation arithmetic

Damage to standing crops due to extended rain, depletion of stocks at home and in global markets could spoil the calculations

Govt left with 25,000 tonnes of buffer onion stock, says Nafed's Chadha

Currently, Nafed is offloading onion buffer stock in the market to boost domestic availability and check onion prices which surpassed Rs 75 per kg in some parts of the country in the last few weeks

Nafed procures 95,000 tonnes of onion from farmers to create buffer stock

Last year, Nafed had purchased a total of 57,000 tonnes of onion from the 2018-19 Rabi (winter) crop under the Price Stabilisation Fund

How the ubiquitous onion exposes weaknesses in India's farm policies

Fractured markets accentuate the demand-supply mismatch typical of this dining staple

Inflation leaves consumers teary-eyed as pricey onions, food items bite

Albeit for a brief period during monsoon and afterwards, retail price of tomato went up to Rs 80 per kg

Zooming onion rates to pricey bananas: Advertisers bask in moment-ary glory

When onion prices were hovering around Rs 150 a kg and FM Nirmala Sitharaman was being pilloried for her comments on the kitchen staple, food-delivery platforms put out clever one liners