Import of onions from Afganistan and Egypt help keep prices stable

Sustained import of onions from Afganistan and Egypt has helped to keep wholesale onion prices stable, though high, at Rs 55/kg for over a fortnight, reports Jayashree Bhosale from Pune.

The better normal kharif crop in Rajasthan, Madhya Pradesh and Gujarat and life saving spell of recent rains in Maharashtra, will increase availability of local onions from next month, consumers will have to pay the uncomfortably high price till October.

This year, onion prices broke their earlier record set in September 2013, and reached a new high of Rs 63/kg in August at the Lasalgaon APMC in Nashik district of Maharashtra. Wholesale prices rose by 80 per cent in August.