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Kochi: Wholesale onion prices have risen to Rs.75 from Rs.50 per kg within a week. The prices increased by an average of Rs.5 daily in the past few days.
The recent price rise is attributed to the dip in the supply coming from Maharashtra. There has been a decline in the total production and the harvest is delayed. Andhra Pradesh, Karnataka, Gujarat and Rajasthan witnessed a fall in production.
Traders alleged that large-scale dealers in Maharashtra are hoarding onion, leading to shortage of supply and consequently price rise. The 'hoarded' onion will be let into the market only if sufficient amount of onions are imported.
Even though the Central government announced import of 10,000 tonnes of onion, there are allegations that this is proceeding at a slow pace.
Meanwhile, there are no significant changes in the price of other vegetables.
Tomato, pumpkin, drumstick, cucumber are sold at Rs.20 per kg. Raw mango is the most expensive one in the market. The retail price of pineapple is Rs.42 per kg whereas that of lemon is Rs.50 .
The price of cabbage has also increased following onion. Cabbage is widely used to prepare samosa and salad, which led to the price rise, say traders.
Kochi: Wholesale onion prices have risen to Rs.75 from Rs.50 per kg within a week. The prices increased by an average of Rs.5 daily in the past few days.
The recent price rise is attributed to the dip in the supply coming from Maharashtra. There has been a decline in the total production and the harvest is delayed. Andhra Pradesh, Karnataka, Gujarat and Rajasthan witnessed a fall in production.
Traders alleged that large-scale dealers in Maharashtra are hoarding onion, leading to shortage of supply and consequently price rise. The 'hoarded' onion will be let into the market only if sufficient amount of onions are imported.
Even though the Central government announced import of 10,000 tonnes of onion, there are allegations that this is proceeding at a slow pace.
Meanwhile, there are no significant changes in the price of other vegetables.
Tomato, pumpkin, drumstick, cucumber are sold at Rs.20 per kg. Raw mango is the most expensive one in the market. The retail price of pineapple is Rs.42 per kg whereas that of lemon is Rs.50 .
The price of cabbage has also increased following onion. Cabbage is widely used to prepare samosa and salad, which led to the price rise, say traders.
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