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Onion price drops at mandis after govt fixes MEP

IndiaTimes Tuesday, 31 October 2023
The wholesale prices of onions have slightly decreased after the imposition of a minimum export price of $800 per tonne. In Delhi's Azadpur market, prices fell from Rs 55-60 per kg to Rs 45-50 per kg. However, it will take some time for these changes to reach the retail market. The consumer affairs ministry reported a decline in prices in Maharashtra following the imposition of the minimum export price. Traders are hopeful for further price declines as kharif crops arrive from Rajasthan, MP, and Maharashtra.
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