The cost of onions in Lasalgaon, Maharashtra’s biggest onion market, fell further on Wednesday. The rates of onions decreased by Rs 700 per quintal in Lasalgaon mandi. The import of onions from other nations and the arrival of new onions within the market is being cited as the reason for the drop in onion costs.On Wednesday, the best quality of onion was priced at Rs 4711, the general quality at Rs 3400.
While on Tuesday, the best quality of onion was priced at Rs. 5300, the general quality at Rs 4000 rupees quintal and the lowest quality at Rs 1001.Onion prices have come down to Rs 5,300 per quintal in Lasalgaon mandi. Similarly, other varieties of onion are also available at the rate of Rs. 4100 and poor quality onion is available at the rate of Rs 1500 per quintal. Retail prices will also come down soon due to low wholesale prices.
It was feared that if the prices of onions were not controlled now, by Diwali prices would reach Rs 100 per kg. But now after a sharp drop in wholesale prices, retail prices will also be lower