Onion prices still high in metros

New Delhi, January 4 (PTI): Retail prices of onions continued to rule at the high level of ` 45-60/kg in metros, but are likely to decline after the arrival of fresh crops from Maharashtra and Gujarat, which are expected to hit the market by January 15.
In Delhi, onions are being sold at ` 50-60/kg, but there were reports that in some posh colonies, vendors are even charging ` 65-70/kg. Mother Dairy was selling onions at ` 45-47/kg yesterday at its 400 outlets.
According to reports from the other three metros, onion prices in the retail markets of Kolkata and Mumbai remained unchanged at ` 45-50/kg, but in Chennai, they fell to ` 56/kg from `60-65 per kg yesterday.
With a view to provide immediate relief to the common man, state-owned trading firms PEC, STC and MMTC are importing at least 1,000 tonnes of onions from Pakistan, which will be offloaded in retail markets across the country by state governments.
The onions imported by the state-run trading firms --which cost around ` 30/kg -- are likely to start arriving in the country from the end of this week. Top officials of the Delhi government yesterday said the Centre has agreed to provide 300 tonnes of onion to Delhi out of the total quantity being imported from Pakistan and these would be sold at select outlets at about ` 35/kg.
Retail prices of onions had surged to ` 70-85/kg on December 20-21 in major cities across the country due to crop damage in Maharashtra caused by abnormal rainfall. Maharashtra and Karnataka are the two major onion-producing states in the country, accounting for 40% of the average annual output of 12 million tonnes.
The government had banned exports and removed import duty on onions to boost domestic supply and curb rising prices. Private traders have already imported over 5,000 tonnes of onions via road through Amritsar.
Meanwhile, wholesale prices of onions in Delhi's Azadpur market remained unchanged at ` 45/kg, even though arrivals slowed down to 600 tonnes today from 800 tonnes yesterday, Tomato and Onion Merchant Association general secretary Rajendra Sharma said, adding that prices would remain firm till Lohri.
"Supply from Rajasthan has almost dried up. Arrivals from Maharashtra and Gujarat would pick up after January 14," he said.
Wholesale markets in Maharashtra were closed today on account of Amavasya, which marks the end of the lunar month.



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