18% rise in average wholesale onion prices at Lasalgaon: The wider industry impact

18% rise in average wholesale onion prices at Lasalgaon: The wider industry impact

Onion pix

The average wholesale price increased from Rs 3,751 per quintal on Monday to Rs 4,400 per quintal on Wednesday, bringing relief to onion growers who had been facing falling prices in recent weeks.

Earlier this month, the average wholesale onion price had touched Rs 4,450 per quintal on Oct 1. However, prices subsequently declined by around Rs 750 per quintal to nearly Rs 3,700 per quintal by Oct 9. On Wednesday, the minimum and maximum wholesale prices at Lasalgaon APMC were recorded at Rs 1,000 and Rs 4,600 per quintal, respectively, while the average price stood at Rs 4,400 per quintal. Around 3,000 quintals of onions were auctioned at Lasalgaon on Wednesday.

The market has since witnessed a recovery, with prices increasing steadily during the last few trading sessions. You Can Also Check: Gold Rate in Nashik | Silver Rate in Nashik | Bank Holidays in Nashik | Public Holidays in Nashik | Petrol Price in Nashik | Diesel Price in Nashik | CNG Price in Nashik | LPG Price in Nashik

Leave a Reply

Your email address will not be published. Required fields are marked *