1 week ago

Why Onion Prices Crossed ₹60 Amid Supply Pressures

Why Onion Prices Crossed ₹60 Amid Supply Pressures
Why Have Onion Prices Crossed ₹60 Per Kg, Here’s What Is Driving The Sudden Surge · freepressjournal.in

Onion prices in India have gone above ₹60 per kilogram in some cities.

Bad rain and hail damaged many onions grown in Maharashtra.

The damaged onions did not last as long in storage.

This caused stored supplies to disappear faster than expected.

Fewer onions are now reaching wholesale markets.

People and businesses are also buying more onions before the festive season.

Farmers may produce fewer Kharif onions, which could keep supplies tight.

The government is releasing stored onions and sending special freight trains to bring more onions to cities.

Key facts

Retail price
Above ₹60 per kg in several major Indian cities
Main affected crop
Maharashtra’s late Rabi onion crop
Weather damage
Unseasonal rain and hailstorms in March and April
Potential Kharif decline
Maharashtra’s Kharif production could fall by around 5% to 7%
Seasonal demand
Household and commercial demand rises ahead of the festive season
Government response
Buffer-stock onions are being released into key consumption markets
Transport initiative
Kanda Express freight trains are moving onions from Nashik to high-demand urban centres

Sources

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