Wholesale onion price drops by 50% in a week
Hindustan Times Thane|December 21, 2024
The price of onions, which was burning a hole in the pockets of consumers, has dropped drastically by around 50% over the past week owing to the arrival of new crop and duty levied on exports.
G Mohiuddin Jeddy

NAVI MUMBAI: Prices will fall further as more fresh stock reaches the market, said vegetable traders.

Wholesale prices at the Vashi APMC (Agricultural Produce Market Committee) market, which caters to the Mumbai metropolitan area, have dropped from ₹45-50 per kg last week to ₹20-25 per kg on Friday. Prices in the retail market have dropped from ₹80-90 per kg to ₹60-70 per kg, said traders.

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