Onions dearer on unseasonal rains
Veggie Rates Rise Ahead Of Festival, But Pulse May Stabilise
Mumbai: Rising food prices have dampened public sentiment ahead of Diwali. Rates of onion and tomato are up to Rs 35-40 per kg, a tiny bunch of spinach costs Rs 25-30 and a few measly sprigs of coriander go for Rs 15-20 on average.
Rajabhau Patil, a vendor at Khar municipal market said, “Unseasonal rains have caused wholesale rates of oniontomato to rise.” Lasalgaon officials claim heavy rains in Karnataka have affected onion supplies to the market, the largest onion market in Asia.
One quintal (100 kg) of onion cost Rs 1,600-1,750 earlier this month, it rose to Rs 2,2002,400 Friday. Till Diwali, prices are expected to rise to Rs 2,8003,200 a quintal. Arrivals dropped from 2,100 quintals earlier this month to 800 quintals on October 9. This has risen to 1,000 quintals in just two days. But prices are yet to stabilise.
Sources say prices are rising due to damages to the April-May harvest as many farmers stored it at home fin-