Onion prices: All-India average rate at Rs 59.09 per kg in retail market

Published 2023년 11월 13일

Tridge summary

The retail price of onions in India is currently high at Rs 59.09 per kg due to tight supply. In an effort to control the prices, the government imposed a minimum export price of USD 800 per tonne to limit exports and increase domestic supply. Onion prices in Delhi have fallen to Rs 60 per kg after reaching a peak of Rs 80 per kg.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

All-India average retail onion price on Monday is ruling high at Rs 59.09 per kg, according to the government data. To control the price rise, the central government, late last month, imposed a minimum export price of USD 800 per tonne to check exports and boost domestic supply. Retail prices had shot up to around Rs 80 per kg due to tight supply. As per the data from the Consumer Affairs Ministry, the all-India average price of onion on Monday is ruling at Rs 59.09 per kg. The highest price was recorded at Rs 90 per kg, and the lowest at Rs 20 per kg. The all-India modal price is Rs 60 per kg. In Delhi, onion prices have fallen to Rs 60 per kg. Onion prices in the national capital started inching up from October 25, when the rates were at Rs 40 per kg. Rates doubled to Rs 80 per kg on October 29. Onion is grown in three seasons -- kharif, late kharif and rabi. It is only Rabi onion which is stored, as the variety grown in this season has a longer shelf life. On October 28, the ...

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