date:Jan 06, 2016
rain and hail had badly damaged the summer onion crop during February and March that led to the scarcity of onions. The lack of export quality of onions also led to the decline in exports.
The onion prices had increased a lot during August and September. An average wholesale onion prices had recorded an all-time high of Rs 5,700 a quintal at Lasalgaon APMC on August 22. The central government had immediately hiked the MEP of onions from 425 US dollars to 700 US dollars per tonne.
Patil added,