Agri Business

Onion prices continue to rule at around ₹50/kg in Delhi

PTI New Delhi | Updated on August 30, 2019

Total output is estimated to remain flat at 23.28 million tonne in the 2018-19 crop year that ended in June.

Onion prices in the national capital continue to rule high at around ₹ 50 per kg on Friday due to sluggish supply from flood-hit growing states, according to a trade source.

However, data maintained by the consumer affairs ministry showed average retail onion prices at ₹42 per kg in the national capital.

According to trade sources, prices of onion vary depending on the quality and locality. In most place, onion is being sold at around ₹50 per kg in the past few days.

Whereas e-retailer Amazon was selling at ₹32 per kg, Big Basket at ₹37 per kg and Grofers at ₹40.40 per kg on Friday.

Due to the central government’s intervention, state-run Mother Dairy and cooperative Nafed have started selling onion at a subsidised rate of ₹23.90 per kg in the national capital to boost availability and curb price rise.

In other metro cities, onion was being sold at ₹33 per kg in Chennai, ₹37 per kg in Mumbai and at ₹40 per kg in Kolkata on Friday, according to the government data.

The government has asked state governments to lift 50,000 tonnes of central buffer stock to increase supply and check prices.

Total onion output is estimated to remain flat at 23.28 million tonne in the 2018-19 crop year that ended in June.

Published on August 30, 2019

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