Onion Prices Skyrocket Despite Imports, Rates Hover Above Rs 100-Mark in Several States
Onions (Photo Credits: Pexels)

Nagpur, November 27: There seems to be no respite from the rise in onion prices as it continues to pinch every pocket. The important kitchen staple has touched Rs 100 a kg in the wholesale market in several states on Tuesday. Reportedly, traders said that there may be a further spike in the cost, and it may drop only around mid-December. The surge continues despite Centre's nod for imports last week, which was expected to drive down the costs.

According to an ANI tweet, a vegetable vendor said, "We are purchasing onions at Rs 60-70 per kg, and then selling at Rs. 80 per kg in the market. So, due to the rise in price, customers are buying only 250-500 gm onions now." Onion Prices Skyrocket Across India: Rates Expected to Touch Rs 120 Per Kg in Bhopal Due to Shortage in Onions Stock.

Check ANI tweet:

The rates have been on an upward movement from the start of this month. The unseasonal rains in Maharashtra destroyed the crops and as a result of which, the prices have soared. The situation is similar across states, the Koyambedu wholesale market in Tamil Nadu has received only 40 to 50 truckloads of onion daily and a shortfall of 40 percent of the product has led to a spike in prices.

In Kolkata, the onion price climbed to over Rs 100/kg mark, and in several local vegetables, markets onion was sold for Rs 120 a kg or even more.