INSUBCONTINENT EXCLUSIVE:
Arrival of kharif crop of onions is not yet in full swing, said an official.Wholesale and retail onion prices in Delhi have hit the roof in
reported news agency Press Trust of India
Retail prices of onions have followed suit
Depending on the quality and locality, onions can be bought at a price ranging from Rs 30 per kilogram to Rs 40 per kilogram
"There has been Rs 7-10 per kilo increase in wholesale rates of onion in the last ten days," Onion and Potato Merchants Association (Azadpur
'mandi') General Secretary Rajendra Sharma was quoted as saying in the PTI report.(: September Wholesale Inflation Rises To Two-Month High
Of 5.13%)Farmers have not started harvesting because of the ongoing festive season break, he said
Thus, the arrival of kharif crop of onions is not yet in full swing
The price gap between old and new crop of onions has also reduced.Meanwhile, at Lasalgaon in Nashik district of Maharashtra, Asia's
largest wholesale market for onions, prices skyrocketed to Rs 21-22 per kg on reports of a possible drop in the kharif output of the bulb
crop because of heat wave in the state, according to Press Trust of India
The prices were ruling at Rs 15 per kg in the year-ago period at the Lasalgaon market, according to official data.(: Retail Inflation Stays
Below RBI Target For Second Month In A Row)Maharashtra, Gujarat, Odisha, Karnataka, Uttar Pradesh, Andhra Pradesh, Tamil Nadu, Bihar, Punjab
and Rajasthan are the major onion-producing states.Meanwhile, food inflation quickened to 0.51 per cent in September, as against 0.29 per
cent in the previous month, official provisional data showed earlier this month
Consumer inflation stood at 3.77 per cent, as against 3.69 per cent in August
Food prices make up nearly half of the Consumer Price Index.(With PTI inputs)
