Surge-ical Strike: Mumbai and Pune face surge in onion prices

The onion prices had seen a sudden surge due to crop's poor supply, damage due to unseasonal rainfall, and an increase in demand

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Onion, which is the staple vegetable for any low-income and middle-income households has managed to hit a century and has graciously reached the three-figure price per kg. According to the Ministry of Consumer Affairs, the prices of onions had reached close to ₹75 per kg in Mumbai, whereas they had reached ₹78 per kg on an average in Pune on Sunday.

It further added that since November 1, the prices had witnessed a steady increase in Mumbai. Pune had witnessed a sharp surge of ₹78 per kg as compared to ₹31 per kg.

The onion prices had seen a sudden surge due to crop's poor supply, damage due to unseasonal rainfall, and an increase in demand. Speaking about the sudden rise in prices, a vegetable vendor in Jogeshwari told Mumbai Mirror that due to the difficulty in sourcing onions, he was forced to sell onions at a whopping rate of ₹120 per kg. Meanwhile, even e-commerce websites showed onions priced at ₹85 per kg.

According to a PTI report on Friday, the prices of summer onions had started from ₹2,700 per quintal with the maximum being ₹7,950 and the average being ₹7,012. Alongside, red onions stood at ₹2,500 per quintal, with ₹5,500 and ₹5,175 at maximum and average respectively at the APMC Market.

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