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Wholesale price of onion rises from Rs 800-26,00 a quintal

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  5 Aug 2017 12:00 AM GMT

<p><img src="/userfiles/image/Wholesale.jpg" width="550" height="306" alt="" /></p>

<p><strong>Traders' body says the situation is not going to improve till September-end </strong></p>

<p>By our Staff Reporter<br />

GUWAHATI, August 4: The price of onion has gone up further on the pretext of rise in prices at its sources.<br />

In the recent past, the wholesale price of the commodity rose to Rs 1,750 a quintal from Rs 800 a quintal, and then to Rs 2,600 a quintal. The commodity is now sold at a retail price of Rs 30 a kg. And the bad news is that the price of the commodity is not likely to fall till September-end this year.  <br />

In a statement issued to the media today, the Kamrup (M) district administration has claimed to keep a close watch on the price of the commodity. The district administration had a meeting with the office-bearers of the Potato and Onion Traders’ Association on the issue of onion price. The meeting was presided over by Additiol Deputy Commissioner badwip Pathak.<br />

The traders’ body let the district administration know at the meeting that the rise in prices of onion is due to rise in prices at its sources – Gujarat, Maharashtra and Rajasthan — due to inclement weather. They made it known to the district administration that the current rise in onion prices is not a phenomenon in Assam alone. It’s an all-India phenomenon. The traders’ body further said: “The situation is not going to improve till September-end when new onion yield is likely.”<br />

The traders’ body, however, made the district administration known that there is no likelihood of scarcity of the commodity in the city and the State. “Right now Guwahati alone has a stock of 1,824 quintals. A fresh supply of 1,600 quintal has arrived in the city. This apart, a rake of onion is going to arrive in the city within a week,” the traders’ body informed the district administration.<br />

Onion is too important to be without. The daily demand of onion in Guwahati is 60 metric tonnes against 228 metric tonnes in the entire Northeast.</p>

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