Average wholesale onion price hits 5-year high at Rs 5,400 per quintal
Wednesday, 6 November 2024
Onion prices in India have reached a five-year high, with the wholesale price hitting Rs 5,400 per quintal at Lasalgaon's wholesale market. This surge is attributed to a significant drop in supply following heavy rains that damaged kharif crops in Maharashtra. The situation is expected to improve only after a month when new kharif onions arrive in the market.
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