Onion Price is on Peak: People Are Forced to Cut Down The Consumption

Onion Price is on Peak: People Are Forced to Cut Down The Consumption

November 28: The rate of onion is proving a problem for consumers in Mangalore, with a kilogram of onion now priced at a whopping Rs 100 to Rs 105 in the market. Onion had been selling at Rs 70-80 a kg over the past few weeks. Although onion is imported from Egypt, it has not helped in checking the rise in price.
If the prices continue to rise, hotels are likely to stop preparing dishes using onion as base. The price of onion has been increasing steadily over the past few weeks. There is a shortage of supply of onion that is supplied to the markets in Mangalore.
The onion cultivated in large scale in North Karnataka, Maharashtra, Madhya Pradesh, Gujarath, Rajasthan, Uttar Pradesh and Bihar had been damaged. The shortage triggered a surge in prices of onion. In Udupi area, large size onion is sold wholesale between Rs 75 and 80 per kg. But when it reaches the customers, it is sold between Rs 96 and Rs 100 per kg. The medium size onion costs Rs 90 per kg.
The Centre has already banned the export on onion in order to check the increase in price. Yet, the rise in prices continues merchants said. Owing to an increase in the price of onion, consumers have cut down the use of onions by half.

 

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