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Onion prices double in a week in Hyderabad

Onion prices double in a week in Hyderabad

Hyderabad: Onion prices are going through the roof. They have doubled since last week. Onion which was sold at Rs 20-26 a kg a week ago now sells at Rs 40-43 a kg.

Onion supply to the market has been halved on account of recent heavy rains, the market sources said.

Provisional stores, push-cart vendors, and others selling onions on trollies sell the commodity at Rs 40-43 a kg, they said.

According to Market committee grade-I Secretary Chandrasekhar, the Malakpet wholesale onion market buys onion from Maharashtra, Kurnool, Mahbubnagar and Tandur. The normal delivery of 70 lorry-loads of onions has been halved in the past 10 days.

He predicted that the shortage of onion and its import would continue for another month or so.

Authored by Mohammed Hussain, mohammedhussain.reporter@gmail.com

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