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Trade demands opening up of onion exports as prices slide rapidly

Trade demands opening up of onion exports as prices slide rapidly

Wednesday, January 29, 2020, 8:19 PM

Onion traders have written to the commerce-ministry, seeking to lift the ban on exports of the bulb-vegetable after prices crashed 35% at the Lasalgaon-wholesale-market in Maharashtra this week. Onion-prices have been ruling around Rs.100/kg in retail for close to three months as excess unseasonal-rainfall damaged the delicate-crop across the country. On Thursday, medium-quality onion was selling at Rs.25/kg in retail in Maharashtra.
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