Onion prices double in 10 days to hit Rs 80/kg in wholesale

Onion prices have doubled in the past 10 days in major wholesale markets to Rs 80 per kg despite the ban on exports and the government’s decision on Wednesday to ease norms on imports.

Traders in the domestic market said prices will remain firm but they can rise if rain damages more crops. However, importers said prices will calm in some time because of steps taken by the government.

At some markets like Kalvanand Dindori Vani in Nashikdistrict, known for the top quality onion purchased by seed manufacturing companies, prices have touched Rs 90/kg.