Onion prices will drop drastically in mid-January as new income begins

Mumbai, Ta. 23 December 2019, Saturday

The prices of the onion were coming down on the weekend when imported onion came into the market. The prices of good onion produced in the wholesale market were talking at Rs 3 to Rs 5 per kg in the wholesale market while the average quality price was at Rs 5 to Rs.

Onion prices imported from Egypt, Turkey, Afghanistan and other countries were calling at around Rs 3-4. However, because of the heavy weight of onion from Turkey, especially from Turkey, it does not work in domestic consumption. Such onion runs in hotels or in large-scale consumption, market circles said.

Due to the heavy weight of some varieties of onion in India, only two onions are available in one kilo of onion, market sources said. That is, an onion weighs around half a kilogram. Meanwhile, onion prices are expected to decline by 5% as new domestic onion income begins.

Market circles are expecting the onion prices to fall to Rs 3-5 per kg by mid-January.