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Onion Prices Ease as Kharif Arrivals Rise Ahead of Festivals

Onion Prices Ease as Kharif Arrivals Rise Ahead of Festivals
Onion Prices Ease Ahead Of Festive Season As Kharif Arrivals Rise, Maharashtra Mandi Rates Fall 13% · freepressjournal.in

More onions are reaching markets, so prices have started to come down.

The ministry says Maharashtra’s average market price fell by nearly 13% between September 16 and October 3.

Retail prices also declined in 126 cities.

New onions from the Kharif crop have begun arriving from several states.

Stored onions are also helping supply markets.

The government says this year’s Kharif crop area is expected to be larger than last year’s.

It has also moved onions from its reserves to cities by train and truck.

Officials expect supplies to improve further during the festive season.

Key facts

Maharashtra mandi price change
Nearly 13% lower, from about Rs 4,030 per quintal on September 16 to about Rs 3,475 on October 3
Retail price declines
126 cities reported declines of Rs 1–21 per kg over two weeks
Kharif acreage estimate
About 5% higher than last year’s already strong level
Reported buffer-stock distribution
More than 2 lakh quintals
Distribution network cited
8 Kanda Express and 467 trucks across 123 cities
States with fresh Kharif arrivals
Karnataka, Andhra Pradesh and Rajasthan

Sources

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