As average onion price in Delhi touches ₹78 per kg, it declines by 4.5% in Maharashtra
₹78 per kilogram in the retail market in Delhi on Monday, as per the government data. Meanwhile, the all-India average price of onion touched around ₹50.35 per kg, the data showed. The minimum rate was ₹17 per kg, the maximum rate was ₹83 per kg and the modal price was ₹60 per kg, news agency PTI reported while citing the data compiled by the Department of Consumer Affairs on Monday.
As the prices of onions soared across the nations, local vendors sold the commodity at ₹80 per kg. The key kitchen item was available at ₹74-75 per kg on e-commerce portals Bigbasket, Blinkit and Otipy. According to the Hindustan Times, the government predicted that the price will continue to remain high till December when the Kharif crop will be available in the market.
Consumers and traders too feared that the cost of onion may soar to over ₹100 in the coming days. Not just in Delhi, but onion prices have also spiked in other states including Uttar Pradesh, Karnataka and Maharashtra. The Centre imposed a Minimum Export Price (MEP) of $800 per tonne on onion exports with effect from October 29 till December 31 to boost the availability of the vegetable in the domestic market.
The $800 per tonne MEP translates into about ₹67 per kg. The MEP is there for all varieties of onion except Bangalore Rose and Krishnapuram onions, and for cut, sliced or broken in powder forms. The Centre also announced on Saturday that it would procure an additional 2 lakh tonnes of onion for the buffer, over and above the 5 lakh tonnes already procured.
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