Due to the returning monsoon, there has been a lot of damage to the new onion crops. In such a situation, the demand for old onions kept in stock by the farmers of Maharashtra is increasing rapidly in other states. Due to this increasing demand, the price of onion is also growing in the market. At present, onion is getting 50 to 60 rupees per kg in the retail market. According to onion traders, it will take some time for the new onion to be ready. Therefore, the price of onion will increase further.
Onion Price Rise in Maharashtra
Onion crops have been damaged in large quantities due to the monsoon rains returning to Karnataka, including Maharashtra. The returning monsoon rains have wreaked havoc in Andhra Pradesh, Tamil Nadu, Madhya Pradesh, Gujarat. Due to the damaged crops in the rain, the farmers have had to plant onions again. The new onion crop will be ready in November. In such a situation, the price of onion will continue to increase in this way till Diwali.
The price will increase further till the new onion arrives in the market.
Onion is abundant in Maharashtra and Karnataka. At present, onion is not being supplied in comparison to the demand in the market. Because of this, the price of stored onions is touching the sky. At present, onion is getting 50 to 60 rupees a kg in the retail market. Onions are ordered in 100 to 130 vehicles in the APMC market of Navi Mumbai. Here onion is being available in bulk at Rs 30 to 45 per kg. In the retail market of Mumbai and Thane, this onion is being sold for Rs 50 to 55 per kg.
Onion supply disruptions in different parts of Maharashtra
In the Pune district, farmers of Khed, Manchar, Shirur, Junnar and Nashik, Sangamner, and Ahmednagar keep a large stock of onions. Onions are ordered in about 50 vehicles every day in the market yard of Pune. The arrival of about eight to ten thousand quintals of onion has been received in the Lasalgaon market of Nashik. Lasalgaon Market Committee has given this information.
Reason for the sudden rise in onion prices
At present, fresh onion is not available in the market. Maharashtra’s old onion is in the highest demand across the country. New onion crops have been damaged due to torrential rains in Nashik. Due to high demand and low supply, the hope of onion becoming cheaper for the next few days is negligible.