Onion Price: Onion prices in Delhi have reached the highest level in a century. Wholesale prices of onion have reached the highest level in 5 years. Onion prices are increasing due to increasing exports and decreasing supply.
Onion is being sold in Delhi at Rs 90 per kg to Rs 100 per kg. Let us tell you that the supply of onion from Rajasthan, Maharashtra and Karnataka is poor.
The price of onion in Nashik markets has reached its highest level in 5 years. The price of onion in Nashik markets has increased from Rs 51 per kg to Rs 58 per kg.
The government has reduced the export duty on onion. Exports to Bangladesh have increased rapidly. Now, with the arrival of new onions by the end of this month i.e. November, onion prices are expected to fall slightly.