The onion prices in the open market have increased drastically over the past week in several parts of the country including Delhi, Bengaluru, Mumbai, Patna, Varanasi and Lucknow. Per the data maintained by consumer affairs ministry, retail onion prices have shot up in a week and stand at Rs. 56 per kg in Mumbai and Delhi, Rs. 48 per kg in Kolkata, Rs. 34 per kg in Chennai. In Delhi, apples are cheaper than onions in the wholesale markets. While onion is being sold above Rs. 50 per kg, the seasonal apple, of average quality, is available at Rs. 30-40 per kg in the national capital, news agency IANS reported.
Reasons Why Onion Is Getting Costlier
The steep increase in onion prices is due to supply shortage. Onion prices have spiked in the last one month due to supply disruption from growing states like Maharashtra which has been affected by floods. Rains in the last week further affected the supply, impacting prices.
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The onion prices in the open market have increased drastically over the past week in several parts of the country including Delhi, Bengaluru, Mumbai, Patna, Varanasi and Lucknow. Per the data maintained by consumer affairs ministry, retail onion prices have shot up in a week and stand at Rs. 56 per kg in Mumbai and Delhi, Rs. 48 per kg in Kolkata, Rs. 34 per kg in Chennai. In Delhi, apples are cheaper than onions in the wholesale markets. While onion is being sold above Rs. 50 per kg, the seasonal apple, of average quality, is available at Rs. 30-40 per kg in the national capital, news agency IANS reported. Reasons Why Onion Is Getting Costlier The steep increase in onion prices is due to supply shortage. Onion prices have spiked in the last one month due to supply disruption from growing states like Maharashtra which has been affected by floods. Rains in the last week further affected the supply, impacting prices.
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