Onion prices soars up at Nashik Agriculture produce Market Committees

NASHIK: Delayed monsoon and thin arrivals in the market drove onion prices up by Rs 200- 300 per quintal here today, Agriculture produce Market Committees ( APMC) sources said.

Onions were sold at Nashik's one of the biggest wholesale markets, APMC Lasalgaon, in the of Rs 2,400- 2,500 per quintal, up by Rs 200- 300, market sources said.

An average price ranged between Rs 1,850 and Rs 1,950 at Lasalgaon market.

Prices shot up in last one month owing to delay in monsoon (almost by a month) and less arrivals in the market due lower onion production, which was affected due hailstorm in during March and April, committee sources added.

Good quality onion is being sold in retail markets at Rs 30- 40 per kg, which was sold at Rs 15- 20 per kg, last month.

The current arrival of onion in the APMC markets in Nashik district is kharif production, which has been adversely affected this year due to hailstorm.