1 hr ago
Onion Arrivals at Kurnool Market Fall as Prices Surge
The Kurnool market has received far fewer onions this year than it did last year.
The article says reduced farming and production, linked to El Niño conditions, are contributing to the shortage.
Onion arrivals were below 40,000 quintals in the reported period, compared with about 1.46 lakh quintals last year.
The price is now around ₹70 per kilogram.
Traders say it could go higher if more onions do not arrive.
Other crops have also been arriving in smaller amounts.
The market received no bajra so far this year, although it received more than 1,700 quintals during the same period last year.
Overall arrivals of agricultural commodities have also dropped sharply.
Kurnool market onion arrivals fell from about 1.46 lakh quintals last year to below 40,000 quintals this year between September 15 and October 15.
The report attributes reduced onion cultivation and production to El Niño conditions.
Onion prices have reached around ₹70 per kg, and traders warn they may rise further if supplies remain low.
Bajra arrivals fell from more than 1,700 quintals in the comparable period last year to none so far this year.
Total arrivals of agricultural commodities declined from 1.80 lakh quintals last year to 48,000 quintals this year.
- Who
- Farmers, traders and officials at the Kurnool Agricultural Market; trader S. Mahaboob Basha commented on onion supply.
- What
- Onion and other agricultural commodity arrivals have fallen sharply, while onion prices have risen to around ₹70 per kg.
- Where
- Kurnool Agricultural Market, Kurnool.
- When
- The comparison covers September 15 to October 15, last year and this year; the article does not specify the calendar year.
- Why
- Reduced cultivation and production, which the article attributes to El Niño conditions, have lowered supplies.
Supply concerns
Market outlook
What the falling arrivals mean for prices
Supply concerns
Traders say reduced production has cut supplies and warn that prices may rise further if arrivals remain low.
Market outlook
The article provides no countervailing assessment or opposing forecast; the outlook described is conditional on supplies improving or remaining low.
Key facts
- Onion arrivals last year
- About 1.46 lakh quintals between September 15 and October 15.
- Onion arrivals this year
- Below 40,000 quintals during the reported period, less than 30% of last year's volume.
- Onion price
- Around ₹70 per kg.
- Bajra arrivals last year
- More than 1,700 quintals between September 15 and October 15.
- Bajra arrivals this year
- None reported so far.
- Total commodity arrivals last year
- 1.80 lakh quintals.
- Total commodity arrivals this year
- 48,000 quintals.
Quotes
S. Mahaboob Basha
Onion wholesale trader
“Onion production has declined considerably this year. The impact is clearly visible in market arrivals. If supplies remain low, prices are likely to rise further in the coming days.”
deccanchronicle.com
Sources
Related news
Onion Prices May Reach ₹90 per Kilogram Amid Rain Deficit
Fresh Kharif Onion Arrivals Push Maharashtra Prices Down
Onion Prices Ease as Kharif Arrivals Rise Ahead of Festivals
Onion Prices Surge as Subsidised Sales Await Supplies
Government Expects Onion Prices to Fall as Kharif Crops Arrive
Unseasonal Rain Sends Mumbai Coriander Prices Soaring
Rising Cyberattacks Highlight Gaps in Digital Security
Gargeyapuram Students Selected for Kurnool District Football Team
Alur MLA Released From Kurnool Jail After 69 Days
NTR District Prepares for ZPTC and MPTC Elections
