NEW DELHI: Onion continued to be pricey within the nationwide capital on Tuesday because the common retail worthremained at Rs 78 per kilogram even because the wholesale costs in the important thing supplying state of Maharashtra began cooling down after the imposition of export curbs. The all-India common retail onion costs elevated by Rs 3.40 per kg to Rs 53.75 per kg on Tuesday from yesterday, in keeping with the most recent official knowledge.
Onion costs within the nationwide capital began inching up from October 25 when the charges had been at Rs 40 per kg, which doubled to Rs 80 per kg on October 29.
Costs, nevertheless, fell marginally to Rs 78 per kg on October 30 and remained on the identical degree on Tuesday as properly, the info from the shopper affairs ministry confirmed.
At current, the common retail onion costs are ruling on the highest degree in Delhi in comparison with different states and union territories.
The second highest improve within the costs was in Goa and Puducherry the place the common retail worth was at Rs 72 per kg on Tuesday.
In different states, the retail costs had been ruling within the vary of Rs 41-69 per kg.
In accordance with official sources, costs in each wholesale and retail markets throughout the nation have shot up purely as a consequence of hypothesis regardless of 15-20 lakh tonnes of rabi crop inventory out there in Maharasthra that’s adequate to fulfill the demand for a month.
A possible fall in contemporary kharif output and two weeks’ delay in arrival can’t be the only motive for the sudden spike in onion costs. There’s sufficient previous crop inventory to fulfill the home demand and even the federal government has maintained 5 lakh tonnes of buffer inventory, the sources stated.
Additional, the sources stated the imposition of minimal export worth on onion on October 29 at USD 800 per tonne until December-end helps in cooling down costs, particularly in Maharasthra, the place costs fell 4-10 per cent on October 30.
The kharif crop has began arriving in small portions in mandis however in larger portions will begin coming from the second week of November from key rising states of Karnataka, Maharasthra, and Andhra Pradesh.
Until the brand new crop hits the market, the federal government will launch buffer inventory to extend the provision and examine worth rise. To this point, 1.8 lakh tonnes of onion have been launched out there.
The nation has exported about 15 lakh tonnes of onion until October 20 of this fiscal. Whole onion exports stood at 25 lakh tonnes within the 2022-23 fiscal, as per the official knowledge.
Onion is grown in three seasons — kharif, late kharif and rabi. It’s only rabi onion which is saved as the range grown on this season has an extended shelf life.
Onion costs within the nationwide capital began inching up from October 25 when the charges had been at Rs 40 per kg, which doubled to Rs 80 per kg on October 29.
Costs, nevertheless, fell marginally to Rs 78 per kg on October 30 and remained on the identical degree on Tuesday as properly, the info from the shopper affairs ministry confirmed.
At current, the common retail onion costs are ruling on the highest degree in Delhi in comparison with different states and union territories.
The second highest improve within the costs was in Goa and Puducherry the place the common retail worth was at Rs 72 per kg on Tuesday.
In different states, the retail costs had been ruling within the vary of Rs 41-69 per kg.
In accordance with official sources, costs in each wholesale and retail markets throughout the nation have shot up purely as a consequence of hypothesis regardless of 15-20 lakh tonnes of rabi crop inventory out there in Maharasthra that’s adequate to fulfill the demand for a month.
A possible fall in contemporary kharif output and two weeks’ delay in arrival can’t be the only motive for the sudden spike in onion costs. There’s sufficient previous crop inventory to fulfill the home demand and even the federal government has maintained 5 lakh tonnes of buffer inventory, the sources stated.
Additional, the sources stated the imposition of minimal export worth on onion on October 29 at USD 800 per tonne until December-end helps in cooling down costs, particularly in Maharasthra, the place costs fell 4-10 per cent on October 30.
The kharif crop has began arriving in small portions in mandis however in larger portions will begin coming from the second week of November from key rising states of Karnataka, Maharasthra, and Andhra Pradesh.
Until the brand new crop hits the market, the federal government will launch buffer inventory to extend the provision and examine worth rise. To this point, 1.8 lakh tonnes of onion have been launched out there.
The nation has exported about 15 lakh tonnes of onion until October 20 of this fiscal. Whole onion exports stood at 25 lakh tonnes within the 2022-23 fiscal, as per the official knowledge.
Onion is grown in three seasons — kharif, late kharif and rabi. It’s only rabi onion which is saved as the range grown on this season has an extended shelf life.
