Onions may once again disappear from your plate. The effect of unseasonal rain and unbridled petrol-diesel prices have resulted in an increase in the prices of onion as well. So much that onion prices have increased more than double in the last few weeks. The onion which was being sold at the beginning of the year for Rs 25-30 per kg is being sold for Rs 60-70 rupees per kg.
Why onion is getting expensive
1. Due to unseasonal rains during December-January last year, onion crop of farmers in Maharashtra was ruined. Due to lack of production, supply also decreased and now the effect is visible on prices. Onion prices have more than doubled in the last few weeks. On Thursday, in the APMC market of Navi Mumbai, only 80-90 cartons of onion arrived, whereas on the normal days there were 150 cartons, that means the supply has come down by 40%.
2. Onion sold at a wholesale price of Rs 30-40 per kg in APMC market on Thursday. In the retail markets of Mumbai, Thane and…