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Onion Rates (February 2021) – Onion ready to cry once more, prices have increased more than double

– Commercial- Trusted Teller

The onion is able to roll as soon as once more. The impact of unseasonal rains and rising costs of petrol-diesel is that onion costs have elevated greater than double in a month. The onion which was being bought initially of the yr at Rs 25-30 per kg, at the moment the identical onion has crossed Rs 60 per kg in some cities. Hyderabad has seen the largest soar in onion costs within the final one month.

Heavy onion value rise

In accordance with the information given on the web site of the Ministry of Shopper, on 11 January 2021, the value of 1 kg onion in Hyderabad was Rs 34. Now it has risen to 60 rupees with a soar of 26 rupees. Onion, onion has grow to be costlier by Rs 19 in Delhi, 20 in Meerut, 14 in Mumbai, 14 in Mumbai, 10 in Shillong, 7 in Dehradun, 5 in Ranchi and three in Patna, in comparison with 11 January. Onion, in Nashik, Rajkot, Warangal, Kolkata, Nagpur, onion has grow to be cheaper by Rs 15 per kg.

Speaking about Delhi, onion is presently being bought in retail at Rs 50-60 per kg. In Ghazipur mandi, onion often sells for 30 to 35 rupees a kg, however now the value has gone as much as 40 to 45 rupees a kg. The brand new onion will begin coming within the first week of March, after which costs are anticipated to return down.

Value of potato dropped by 3 rupees

On the identical time, the value of potato in wholesale mandis has fallen by 3 rupees, on account of which farmers must promote potatoes at a small value, making it tough for them to extract the price of potato cultivation. The wholesale value of potato in Azadpur Mandi, Delhi, capital of the nation at the moment was 3 to eight rupees per kg whereas the mannequin charge of potato within the mandi was Rs 5.25 per kg.

Potato mannequin charge is lower than half of final yr. The mannequin charge of potato in Azadpur mandi on February 12 final yr was Rs 10.75 per kg.

Troublesome to extract prices for farmers

Rajendra Sharma, businessman of Azadpur mandi and common secretary of Potato and Onion Service provider Affiliation mentioned that it has grow to be tough for farmers to extract the price of potato cultivation. When requested in regards to the purpose for the autumn in potato costs, he mentioned that because of the excessive value of potato throughout October-November final yr, farmers confirmed curiosity in its cultivation with the hope of getting an excellent value, so the provision has fallen on account of excessive provide .

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