Prices of the vegetable have been steadily shooting up

Prices of the vegetable have been steadily shooting up in the past few weeks. Onion prices – which were already high at Rs30-40 a kg – have now doubled to Rs80-90 a kg in retail markets in the Capital in the past four days.



This was mainly because exports were allowed to continue despite a decline in the supply caused by unseasonal rains in the country’s onion-growing regions of Maharashtra, Gujarat and the southern states. India had exported thousands of tonnes of onion to Pakistan earlier this year when the country was trying to recover from catastrophic floods. After exporting onions to Pakistan, India is now buying some back.

The government on Monday was forced to suspend onion exports till January 15 as retail prices of the vegetable skyrocketed to as much as Rs70-90 a kg in the Capital.On Monday, Onion price in retail markets across the Capital, reached Rs 80-90 a kg.Traders said the supply crisis is expected to continue for another 20-25 days till the fresh stock arrives from Maharashtra and Gujarat.
Source: www.commonfloor.com/stories/onion-price-drives-everyone-to-tears