"We have to wait till retail prices come down for (withdrawal of) export duty," an official with the department of consumer affairs said.
While the modal retail prices of onions were â¹40/kg on Tuesday, in several cities prices are around â¹50/kg which is still 'higher' in comparison to the mandi prices of the staple vegetable. With arrivals of the fresh kharif crops, the average mandi prices of onions at Lasalgaon, Nashik, Maharashtra, the hub of the country's wholesale trade has declined by more than 50% to â¹1,900/quintal on Tuesday from â¹4,000/quintal prevailing in the last month.
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