Strained supplies push onion price to Rs 50 per kg bl-premium-article-image

PTI Updated - August 05, 2013 at 07:37 PM.

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Onion prices have soared to Rs 50 per kg in the retail market of the national capital as supplies from Nashik and Rajasthan have come down because of rains.

Retail prices at the organised retail shops such as Mother Dairy’s Safal outlet are ruling at around Rs 40 per kg, but local vendors are charging Rs 50 per kg.

Wholesale rate in Delhi’s Azadpur market has increased to Rs 25-35 per kg, from Rs 18-28 per kg a week ago, Onion Merchant Traders Association President, Surendra Budhiraj said.

“Supplies from Lasalgoan and Rajasthan have come down substantially due to rains,” he said.

According to data maintained by National Horticultural Research and Development Foundation (NHRDF), wholesale prices in the Delhi and Lasalgoan have increased by around 50 per cent in the last one month.

Wholesale price of onion was Rs 16-17 per kg in the first week of July at the Lasalgoan mandi and now it has gone up to about Rs 30 per kg.

Budhiraj said the prices would ease once the new crop arrive the market.

Onion, seen as a politically sensitive commodity, has disturbed kitchen budget of most consumers who are already facing the brunt of high prices of tomato, pulses and cereals.

Budhiraj said the new crop is expected from Tamil Nadu and Andhra Pradesh in September but prices would ease after new crop from Karnataka arrives in the market in October.

Published on August 5, 2013 14:07