4 days ago

Pune Onion Prices Rise as Supplies Fall, Farmers Protest Intervention

Pune Onion Prices Rise as Supplies Fall, Farmers Protest Intervention
Onion prices soar as wholesale market sees sharp drop in arrivals · indianexpress.com

Onions have become more expensive in Pune because fewer onions are reaching the wholesale market.

The market usually receives about 125 truckloads each day, but now gets only around 50.

Rain damaged some crops, and the next crop may arrive late.

Onion exports are also keeping supplies tighter.

This has pushed wholesale prices up to Rs 35-40 per kilogram for good onions.

The government sent a special train of onions from Nashik to Delhi to help lower prices there.

That action also caused onion prices in Nashik to fall by about 10 percent.

Farmers are unhappy because they say the lower prices hurt them after months of selling onions below their costs.

Restaurants are worried they may have to raise menu prices if expensive onions continue for several months.

Key facts

Pune daily requirement
About 125 onion trucks, each carrying roughly 10,000 kg.
Current Pune arrivals
About 50 trucks per day.
Pune wholesale prices
Rs 35-40 per kg for good-quality onions and Rs 30-35 for lower-grade, older stock.
Pune retail prices
Rs 45 per kg to more than Rs 65 per kg, depending on locality and quality.
Kanda Express shipment
About 453.65 tonnes of onions transported from Nashik to Delhi.
Lasalgaon price change
Wholesale prices fell from Rs 4,250 to Rs 3,800 per quintal, a decline of about 10 percent.
Farmers’ production-cost estimate
About Rs 2,000 per quintal, according to the Maharashtra State Onion Growers Association’s Nashik district president.

Quotes

Jaideep Bhadane

Nashik district president of the Maharashtra State Onion Growers Association

“If the conditions remain the same, onion prices are likely to remain elevated, in the range of Rs 45-50 per kg, until Diwali. Though this could change depending on how the government steps in.”
indianexpress.com
“The hotel industry was already under pressure from the hike in LPG prices and rising costs of other essentials, and that expensive onions are now adding to the squeeze on profits.”
indianexpress.com

Sources

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