Onion prices in Delhi-NCR are crazy at ₹70/kg, they will probably keep rising till December

In contrast to essential vegetables, which are sold for between ₹30 and ₹50 per kilogram, onion prices in Delhi and the national capital area have skyrocketed, reaching ₹70 to 60 per kilogram. By the first week of November, the price of onions is probably going to reach ₹100 per kilogram.

Vendors and customers alike expressed disapproval at the onion prices’ unexpected spike after the conclusion of the Navaratri festivities. The maximum price of onions has increased to almost ₹70 per kilogram, citing official statistics. It’s expected that this increasing trend will continue into December.

“High rates are the consequence of low onion inflow. The prices are Rs. 350 per kg as of right now. That was Rs. 300 yesterday. Prior to that, it was Rs. 200. The tariffs were Rs. 200, Rs. 160, Rs. 250, etc., a week ago. Over the last week, the rates have increased. A scarcity of onions has caused the prices to increase, an onion trader informed ANI.
In same fashion, the cost of onions has increased in Karnataka and Maharashtra, among other states. Onions were sold for ₹65–70 per kilogram by the Agricultural Produce Market Committee (APMC) at Yeshwantpur, Bengaluru.

According to the Union Consumer Ministry, in places where prices have increased significantly, onions are being removed from the buffer stock in both the wholesale and retail sectors. Approximately 1.7 lakh tonnes of buffer onions have been offloaded at various places across 22 states since mid-August.

Consumer Affairs Secretary Rohit Kumar Singh told PTI, “We have been offloading buffer onions since mid-August and we are stepping up the retail sale in order to check further rise in prices and provide relief to the consumers.”

It is anticipated that the price would continue to rise during the next month until declining in December.