Onion prices could go up again: Survey

Nov 04 2013, 09:01 IST
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A labourer spreads onions for sorting at a wholesale vegetable market in Chandigarh. (Reuters) A labourer spreads onions for sorting at a wholesale vegetable market in Chandigarh. (Reuters)
SummaryAround 40% of monsoon onions, set to hit market in Nov 1st week, was washed away in heavy rainfall.

days. There is no crop with the farmers,” he said.

P K Gupta, joint director of Nashik-based National Horticulture Research and Development Foundation (NHRDF), however, said there might be a fall in the onion prices immediately after Diwali. “The APMC markets are closed for Diwali and once when they open, there will be excess crop, which will result in a fall in the prices,” he said. Asked about the response to the import tenders floated earlier for onions from Afghanistan, China, Iran, Egypt and Pakistan, Gupta said no action had been taken on that front.

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