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Onion prices drop after vendors import from foreign countries

After Iran and Iraq, onions from Afghanistan has entered the market resulting in a decline in prices of onions in the shops.

Onion prices drop after vendors import from foreign countries
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With the prices of onions skyrocketing to ₹100/kilo in Mumbai, onions from several countries have started arriving in the Vashi APMC market. After Iran and Iraq, onions from Afghanistan has entered the market. As a result, onion prices have come down to ₹50-65 per kilo.

As per reports, onions have suffered a 50 per cent damage due to the downpour. As a huge shortage of onions is expected in the near future, several traders have started importing onions from foreign countries. It usually takes 15 to 18 days for these onions to be imported from abroad.

The loss of agricultural produce due to the rains has reduced the inflow of goods into the market. As a result, the prices of tomatoes had earlier gone up from ₹30 to ₹40, okra from ₹60 to ₹80 and brinjal from ₹40 to ₹70 per kg. Chilli, which is available at a wholesale price of  ₹ 64 per kg, is now being sold at ₹80 per kg.

Earlier, the APMC market had displayed mangoes in the offseason which had caught the people’s attention. According to sources, these mangoes were imported from parts of Spain and Brazil and they tasted sweet. However, a four-kilo box was being sold at a price of ₹3,500 to ₹4,000.

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