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Onion prices up approximately 40% at Navi Mumbai

After tomatoes and green vegetables, it is onion that has affected the household budget. In the last fortnight, the price of onion has seen around 40 per cent rise and traders at the wholesale market. It will go northward in days to come and is likely to touch ₹60 per kg.

The average buying price of onion in the Agriculture Produce Market Committee (APMC) has risen up to ₹27 per kg which was ₹15 to ₹17 per kg around two weeks ago.

Traders claim that onions stored in warehouses and other places by farmers were damaged due to excessive rainfall in several areas and even farmers brought excessive onions to the market during July which resulted in low stocks.

Normally, the APMC Vashi receives around 90 to 140 trucks laden with onions per day. For the last two weeks, the supply has come down and the number of trucks arriving at the market is around 80 to 90 trucks, which is insufficient to meet the requirement.

Source: freepressjournal.in

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