The onion is ready to take out your tears once again. The effect of unseasonal rains and rising prices of petrol and diesel is that onion prices have increased more than double in a month. The onion which was being sold at the beginning of the year at Rs 25-30 per kg, today the same onion has crossed Rs 60 per kg in some cities.
Hyderabad has seen the biggest jump in onion prices in the last one month. According to the data given on the website of the Ministry of Consumer, on 11 January 2021, the price of one kg onion in Hyderabad was Rs 34. It has now risen to Rs 60 with a jump of Rs 26. On the other hand, on February 11, the price of onion in Delhi is Rs 19, Rs 20 in Meerut, Rs 14 in Mumbai, Rs 14 in Shillong, Rs 7 in Dehradun, Rs 5 in Ranchi and Rs 3 per kg in Patna. are done. In Nashik, Rajkot, Warangal, Kolkata, Nagpur, onion has become cheaper by Rs 15 per kg during this period.
Talking about Delhi, onion is currently being sold in retail at Rs 50-60 per kg. In Ghazipur mandi, onion usually sells for 30 to 35 rupees a kg, but now the price has gone up to 40 to 45 rupees a kg. New onions will start coming in the first week of March, after which prices are expected to come down.
Reasons for onion being expensive
- The unseasonal rains during December-January last year destroyed the onion crop of farmers in Maharashtra. Supply declined in the market, the effect of which is now visible on prices. On Thursday, only 80-90 carts of onion arrived in the APMC market in Navi Mumbai, compared to 150 on normal days.
- On Thursday, the wholesale price of onions in the APMC market was Rs 30-40 per kg. Due to supply constraints, the wholesale rate of onion in Lasalgaon, the country’s largest wholesale onion market, has increased by 20 percent in the last 10 days.
- The other big reason is the constant increase in diesel prices, because freight has become expensive. On January 1, the price of diesel in Delhi was Rs 73.87 per liter, today it is Rs 78.38.
Where did the price of onion reach in a month
|City||Rate of 11 January 2021 (Rs / Kg)||Rate of 11 February 2021 (Rs / Kg)||Fluctuation
(Rs / Kg)
Source: Ministry of Consumers