With the arrival of the new crop, onions in India will start to become cheaper

Published 2024년 11월 8일

Tridge summary

Indian consumers faced high onion prices due to crop damage from adverse weather and a labor shortage during the festive season. However, prices are expected to drop as red onions from Nashik Mandi and the new crop from Alwar start reaching major markets. Cooperatives like NCCF and NAFED are offering onions at lower prices, and the Department of Consumer Affairs and Food Distribution is working to make essential commodities more affordable through subsidies and initiatives to stabilize market prices and reduce reliance on imports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In early November, consumers in the Indian market faced high onion prices due to adverse weather conditions affecting the crop and labor shortage during the festive season, EastFruit reports. However, prices are expected to come down in the coming days as red onions from Nashik Mandi start reaching major markets in the country. Also, the new crop from Alwar will reach consumers in key northeastern cities including Delhi, Haryana and Punjab, which is expected to further reduce prices in open markets. Also read: Egypt sees onion oversupply, low demand and low prices Despite high market prices, cooperatives such as NCCF and NAFED are offering onions at lower prices. NCCF, for example, sells onions at Rs 25 per kg through a network of mobile vans, using its substantial stock. As FreshPlaza recalls, the NCCF harvested 2.9 metric tons of onions last year and is still on track to meet ...

Source: Eastfruit