OH-NIONS! Onion Prices Bring Tears In Indore As Retail Rates Hit ₹70/Kg, Wholesale- Retail Gap Widens
Indore (Madhya Pradesh): Onion prices are pinching household budgets in Indore, with retail rates touching Rs 70 per kg in some areas despite considerably lower wholesale prices at Choithram Mandi.
The wide wholesale-retail gap has raised questions over the pricing chain between the mandi and neighbourhood markets.
Traders attribute the pressure partly to rainfall and seasonal changes, while mandi officials maintain there is no significant shortage.
Retail prices range from Rs 30 to Rs 40 per kg in several parts of the city but have touched Rs 60 to Rs 70 per kg in some upscale areas.
At Malwa Mill Vegetable Market and Rajkumar Sabzi Mandi, onions are selling for Rs 30 to Rs 40 per kg, while the rate is around Rs 40 per kg in Niranjanpur and Gorakund. At Scheme No 140, consumers are paying nearly Rs 50 per kg.
Prices have touched Rs 70 per kg in Saket and Mahalaxmi Nagar and around Rs 60 per kg at Bengali Square. At Anand Bazaar, onions are selling for Rs 50 to Rs 60 per kg.
Retail prices rise rapidly in just a few days