The price of a big basket of oval-shaped tomatoes increased by 11.1% to sell for an average of N10,000, as against an initial average of N9,000 recorded weeks ago.  Follow Express Explained on Telegram. In Mumbai, the Vashi wholesale market got 600 tonnes of onions, which made its way to markets in South India. On Tuesday morning, onion prices continued their upward descent with the kitchen staple being sold for Rs 75-80 … According to the centre, around 1.5 million onion sets will be distributed to the farmers. On Friday, onion prices at Lasalgaon touched a minimum of Rs 1,000 a quintal and a maximum of Rs 2,411 per quintal with modal price at Rs 2,000 per quintal. and Wholesale onion prices fell by up to ₹10 per kg in key consuming markets such as Delhi, Mumbai and Chennai with increase in arrival of the perishable commodity after the … Non-availability of good seeds has caused concerns and the available seeds are being sold at a premium. But suddenly one day the wholesale price of the onion increased by ₹2,000 per quintal which led to a rise in its retail rates. Onion price expected to drop in 2021. To control prices and shortage Indian government had banned export of onions from India … Stock limits have been a potent weapon for controlling prices. Barely a month ago, Parliament had amended the Essential Commodities Act, 1955 to exclude onions — besides potatoes, edible oils, oilseed and pulses — from the list of essential commodities, thus freeing them from stock limits. Also, agriculture officers say, the shelf life of the onion is lower this year due to overuse of urea by farmers. The landed cost of onions from Iran at Mumbai port works out to around Rs 35 per kg. Nashik: The average wholesale onion price at the Lasalgaon APMC again increased by Rs 900 per quintal to touch Rs 7,100 per quintal on Tuesday. With less than a week to go for the Bihar elections, the Centre on Friday reintroduced the stock limit on onions — a move aimed at controlling rising prices, which crossed Rs 80 per kg in many cities on Friday, including nearly Rs 100/kg in Mumbai. They have been rising since the last week of August, as reports started coming in of massive losses to kharif onions caused by heavy rainfall in north Karnataka. Twitter Unfortunately, this reduces the shelf life of onions,” an officer said. This crop feeds the markets till the next one arrives. Farmers, especially in Maharashtra, store it in on-field structures called kanda chawls to protect it from moisture and light. In its statement, the Centre has expressed hope that the kharif crop will soon hit the markets which will help in cooling down the prices. Onion price expected to rise this year. Since then, the local traders had increased the price of onions. “It’s mostly going to be delayed until the end of November,” said Suresh Deshmukh, a commission agent operating out of the wholesale market in Dindori, MP. According to experts, the price may soon reach ₹120 to ₹150 per kilo. Buddhi Raja Singh, a wholesale trader of onion and garlic in Azadpur Mandi, said, “The current increase in onion prices is due to a decline in arrivals and excessive rains damaging onion crops stored across Maharashtra, Karnataka and Andhra Pradesh, three major producer states in this season.”. The prices are expected to rise further in the coming days. Every year, Nepal imports onions worth more than Rs thee billion from India. And on Friday, the government reintroduced the stock limit. In an effort to boost domestic supply and check price rise, Piyush Goyal said private traders have already imported 7,000 tonnes of onion and another 25,000 tonnes are expected … Despite relentless crackdown on online fraudulent rackets on the part of Nepal Police, scammers continue to swindle unsuspecting users out of millions of rupees. That will be only post-November. Of the 28 lakh tonnes stored in Maharashtra, around 10-11 lakh tonnes remain now. For all the latest Explained News, download Indian Express App. However, there is no data of the local production after that. Nepali consumers left teary-eyed this year due to soaring price of onions can expect some respite in the coming days as India is resuming the export of the kitchen staple from January 1. “After India banned onion export, retailers increased its price and it has remained same till date,” he said. A look at the dynamics of onion prices and the impact of the government intervention: They have been rising since the last week of August, as reports started coming in of massive losses to kharif onions caused by heavy rainfall in north Karnataka. Singh said retail prices may touch “Rs 100/kg in October as the new crop is expected to arrive only in November”. Onion prices are expected to hike up again, as government removes MEP from its sales. Taking into consideration transport, handling and other charges, the final retail cost for such onions come to around Rs 40-45 per kg. The national acreage for rabi onions last season was 10 lakh hectares as against 7 lakh hectares of 2018-19. Province 1 Chief Minister Sherdhan Rai has suspended 15 Provincial Assembly members belonging to the Pushpa Kamal Dahal-Madhav Kumar Nepal faction of the ruling Nepal Communist Party (NCP), but the Dahal-Nepal faction removed Rai as the leader of the parliamentary party of the Read More... KATHMANDU: The Supreme Court on Thursday issued an interim order to the government to ensure that sugarcane farmers got paid for their produce within a month. This crop was meant to arrive after September and was expected to feed the markets until the arrival of the kharif crop from Maharashtra towards the end of October. According to a study by CARE Ratings — Onion Economics — price increases have not always been in alignment with production. The Onion Price Rise is Linked to North Pakistan's Unusually Warm Weather. He said he recognised the democratic constitution as the chief medium for reconciliation Read More... DHARAN, DECEMBER 31 Normally, farmers generate their own seeds by allowing a portion of the crop to flower and then produce seeds. In the latest instance of such fraud, Metropolitan Police Crime Division yesterday arrested two youths, inclu Read More... KATHMANDU, DECEMBER 31 Steps Taken Up By Government To Address Onion Price Hike With prices of onions seeing a surge for the past few weeks, the Union government had imposed a … New Delhi: All-India average retail price of onions has dropped by 60 per cent this year to Rs 40 per kg on timely government interventions to boost the supply, Consumer Affairs Secretary Leena Nandan said on Thursday. Amid this, Vegetable Crops Development Centre has started distributing onion sets to the farmers from this week. On Monday, the wholesale price of onion has crossed Rs 84 a kg in Medavakkam local markets, while it costs Rs 60 a week ago. Last week, income tax officers from Pune inspected the books of nine principal traders in Nashik. The southern neighbour — the main source of onions for the local market — had imposed a ban on export of the commodity from September 14 export drop in its production. 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